We pulled 200K out of our rental.  With the new loan, 25% was still covering previous rehabbing and the 75% we used to pay off personal loans.  Do you feel any of this interest is deductible on our rental property?  I...

If a LLC is formed by multiple owners, does hard money lenders or lenders accept, one or more partners signing the documents on behalf of the LLC or should all partners sign the loan documents ? Thanks in Advance

I just purchased my first investment property. It is a duplex with a tenant already living in one side. I set up a separate bank account to have the tenant deposit the rent into. I also had an agent give me the tip th...

Hey, my name is Sheng-Han. My partner and I are looking to buy a Southampton luxurious residence for summer rental and personal use as well. Does anyone have experience or general advice? As a newbie in the game, it a...

Hello.  I have a rental home and another person wants to invest $100k and become tic and share in costs profits etc when I receive this money does the irs consider it a sale of the property and taxable or an investmen...

I recently left full time employment to start investing in RE full time.   Until now, I've been primarily concerned w/ passive MF investing, but the returns aren't yet sufficient to cover more than a small portion of ...

  Hello BP! I am in the process of working on what I believe can be a potential great deal in Colorado, Wyoming area, but I personally do not have the funding. I am reaching out because I am looking for further knowl...

Hello BP Fam,I am a new investor looking at what could be my first deal. The property is a 2bd 1 bth shell in Philadelphia, the seller was asking $26,000 I was able to talk him down to $18,000 due to repair cost and a...

My husband and I want to start flipping houses. Do we need to form an LLC and operate as a business or can we just buy/fix/sell under our own names?

Hey Folks. I am a newbie investor in the DC, MD and VA. Is it a best practice to open up a business as a LLC or whatever other entity before you start buying your 1st investment property to protect yourself financiall...