I purchased my first investment property in NJ back in 2020. It being my first property I decided to go all out and spend more money than I should have on the renovations. Once completed, I decided (at the behest of m...

Hello, I'm currently going through the process of attempting to open 0% business credit cards to hopefully potentially use as the downpayment to qualify for a hard money loan, to then use that hard money loan to purch...

So I have been reading into the Texas Property Code along with a book I bought Texas laws on Lease Options to figure out how to do it without violating any laws. Hehe, Texas has a lot of red tape to wade through.

It ...

Hi there, I'm new to the community. If this questions has been answered I'd really appreciate you pointing me to the article as I didn't find a search box where I could search for it, that being said...I recently atte...

I'm selling my house and want to understand the tax implications on the sale, because I have lived in it as well as rented out a portion of it. I've been studying IRS publication 523 and I would like to get some input...

I have searched the forums and have found bits and pieces of answers to my question so I thought I would ask to see if I can get a complete answer.My question is:  Is it beneficial to be designated as a "real estate p...

Hi all

I'm closing on my first property today a 3-family unit. I was wondering if I should set up another personal bank account for all activities. I'm going to be depositing my checks and if there are repairs I'm go...

Hello BP Members! Thank you for clicking through. My fiance and I are considering purchasing a newly built duplex in Houston. Its 2200 square feet, one unit on top, one unit on bottom. Both are 3/1's. Identical layout...

Years ago, I did several successful fix-and-flips. But, I financed the deals using my own bank account, credit cards and family loans. I never used private lenders or hard money sources. Now that I'm retired, and vent...

Hello Everyone!I am a 22 year old living in Los Angeles and will be getting my degree in Finance in the next 3 weeks. I have been selling fine art and antiques while in college and have been fortunate enough to save $...