I had 2 rental properties in Chicago. I sold 1 early this year and did not buy another property because I didn't want to. Hence I will probably pay a good chunk of change to uncle Sam when I file my 2024 taxes. I stil...

I will inherit a property from relatives when they pass on, but there is still a sizable mortgage on the property. If they were to both die sooner accidentally, I believe that the mortgage would become an issue. I do ...

Looking to relocate to New York. Probably Brooklyn/Bronx (maybe Queens?)Beginning of the year. Want to do a multi-family hack where we stay in part for a year or two.Super competitive area... any pro tips?

I recently had someone tell me that you have to pay transfer taxes when you assign a contract. Is this true?

I've done contract assignments and have never paid any transfer tax. In my mind, there is no transfer of o...

Please help me to understand why it appears that no one targets the $1000+ per month single family rental properties at least here in central Texas.

Everything appears to be geared towards $30k houses renting for $6...

For the past few years I have been lending my money on SFR fix and flips and getting a 12% cash on cash return. Recently I've been looking at the tax benefits, potential appreciation, and CAP rates on a multi family o...

To the High W2 earning BP members out there, what strategies have you used to decrease your W2 taxable income? Depending on what state you earn your wages, income tax rates of 40-50% are unreasonable. Most of you like...

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...

Hi there! I’ve been doing a ton of research, listening to podcasts, talking to a few folks, doing numbers, making spreadsheets, and I’m afraid I may be either too overwhelmed by options or over complicating things.   ...

Howdy Folks!I'm new to the BP community and I'm excited to be here!  I'm a real estate fanatic. But now that I'm middle-aged (40), I'd like to simplify life. San Francisco has had a great rocket ship like run and I'm ...