BP Community I need some help. First off I understand that you are not a tax professional (and even if you are you are not giving me professional advice). I plan to speak with my tax advisor on Monday but I need to cl...

Can/Should I use 1031 Exchange when flipping houses? Any down sides? Thanks!

im currently 21 years old and am about ready to start investing in real estate, if i keep telling myself i'm not ready i know i'll never make the move so its going to happen.

My plan is to spend under >$5,000 on a...

**Posted this in the 1031 section already, but this might be a better place to put this topic**Wanted to check in with BP and see if anyone had any experience with selling new construction condos and any advice how o...

Does it make a difference if I put my name as the buyer in a purchase and sale agreement, or is it better to use your business's name when putting something under contract? I don't know if it matters, but I thought I ...

Hi all, just a question I have that I've been having trouble finding an answer to. I have flipped 8 houses typically going at a rate of 1 per year with a very good return since I do a lot of the work myself. I have ...

I found a property that is a good price but needs a fair amount of rehab to make it appealing to renters and/or homeowners.  If I do an extensive rehab the property should hold it for at least a  year before selling i...

I know this is a difficult question with no concrete answer... from the experienced park operators - when evaluating a property what type of attrition would you expect (should factor in) from tenant owned homes? 

As I said in the wholesaling thread, I am going to start wholesaling properties but was curious as to whether it is recommended if I set up an LLC, I have read somewhere that if I don't then the IRS will consider me a...

I am replacing my 75K BTU, 80% efficiency, natural gas furnace. I already have an installer who has recommended a dealer. I'm just looking for a few alternative dealers who may have a better deal on one.