Hi BP experts,

I am newbie from TX. I am planning to register a LLC with a friend who is a foreigner. I have a few questions and hoping to hear your expert advice.

1. Does my foreign partner need to apply ITIN for ...

Hi everyone, I am looking to flip a house in a great neighborhood in Miami. Father died and left the property in the daughter's name. ARV 410,000 it is a 4bed/2bath at 1400 sqft.
I am looking at an 80K rehab.  need...

Hello, I've been wrestling with a decision for the past week and I'm looking for some advice. We are cashing out of a flip, which we are currently living in, and using the profits to put 20% down on our 'forever home'...

For those who are lucky enough to make over $450k/year, what changes are you making?

From what I understand
1) tax rate goes up to 39.5%
2) you cannot take mortgage deductions anymore?
3) dividends from your corpor...

Hello all. I have a question, but first my background. I currently have a rental that is about valued at $86k and my debt is $94k. I bought in 2008 and have had decent occupancy since, but have not came close to turni...

I'm forming an LLC with a friend in Michigan. I will put the 85% of the money, he will put the rest (15%). I will remain as a hands of investor and he will manage and buy the properties (he will earn an extra 50$/hous...

Hey guys,I saw this asked elsewhere and thought I'd see what you guys have to say! Hypothetically, if you lost everything BUT your current knowledge of real estate, including all assets and personal connections in the...

I am constantly warned about tax penalties due to selling a house you flip. I created an LLC that I'm going to use to invest in and flip houses. I was under the impression that only the money taken out as a draw would...

Hey BP Family!,I had a question to you all. I found a few rental properties in Cleveland, Ohio that are in D class and C- class neighborhoods that are under $100,000 (besides one) that can produce between $7,500 and $...

I currently own a 2 bed and 1 bath home with a detached garage (house is 911 sq ft and one car garage is 280 sq ft). Bought several years ago with my now ex-husband as a fixer upper. Some improvements have been done o...