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A syndicator has told me they can give a better return to IRA investors as they don't need depreciation and her accountant does this type K-1 schedule. This would mean the people investing from their personal savings ...
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I'm in the Portland, Maine area and trying to build out my spreadsheet for running numbers on buy and hold multi families (4 units or less). I looked around BP a little, found @Brandon Turner's investment calculator a...
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I have a unique situation I'm trying to find solutions for. My girlfriend, from Kansas City, has some severe autoimmune diseases. Severe enough that although she's extremely active and upbeat, she's essentially been d...
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So one of my tenants decides to make a complaint at Board of Health on me without even contacting me first. So of course they go in and find a whole list of violations, most of them typical which I would repair anyhow...
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I'm trying to reconcile my (50/50) partners historical tax treatment of our mixed-use residential property with mine, among other things.
She's always had a tax pro, I've always DIY.
A big mistake: I've always done...
Deadbeat tenants left an apartment with several thousand dollars in damage and stole some items. Gouged, badly worn hardwood floors, missing and damaged window treatments, window screens, light fixtures, holes in wall...
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Hi BP,
I was hoping if someone could help provide insight into a situation we encountered on the recent purchase of a house.
We closed July 31st and had an inspection June 23rd. We moved in on August 26th.
The ...
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I wonder if there are convincing reasons for setting up an LLC. I understand that it may be pierceable in case of a suit. Plus, if I need to finance through a bank, the bank may call the loan if it discovers that th...
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I'm not wealthy enough to do it alone and I was wondering if BP has designated a charity to support. I also know that a charity is a great PR stand. I'm confident it would add considerable professionalism to REI.
W...
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Hello, I'm relatively new to investing in rental property and have a potential prospect that' I'm under contract for. I am at the end of my due diligence timeframe and have to make a decision by the end of the day or ...