Greetings!
New to BP and investing. I'm super impressed with how helpful the community is here and I already feel at home!
Long story short, I'm considering refinancing my fixed rate 15 year mortgage to a fixed rate...

What is a Cost Segregation Study & How Does it Work?
Cost Segregation is a commonly used strategic tax planning tool that allows companies and individuals who have constructed, purchased, expanded or remodeled an...

I've tried searching the forums, but couldn't find an exact answer to this question. Depreciation reduces the cost basis of your property, and has it's own, 25% depreciation recapture tax rate when you sell. So if you...

Hi BP, I'm looking for some feedback about the strategy my mom and I are planning to use to get her monthly cash flow back into the black and help her eventually retire.Background:My stepdad recently passed away unexp...

I am curious about what the concensus is when discussing depreciation on a larger 100+ unit multifamily complex with LP investors? If you have a property that is producing $500K in positive cash flow (income after deb...

Hi.  I understand the pros and cons in general of LLCs.  I know often times people on this forum say they are unnecessary and don't always protect against liability and just get a good umbrella policy.  That said, I d...

Hi
I understand that people advice higher Cash ROIs to evaluate a rental (investment) property so that you will have cashflow. However, I am wondering why is it not a good option to go for short-term loan so that...

Hi BP community,Does gifting money reduce your taxable income? I know the limit is $15,000 for tax free gift, but does it reduce the gifter's income for that year? Say you make $90,000 and you want to find someway to ...

When most of us think of having the IRS audit us, we get anxious. Audits can be very expensive, invasive and ultimately time consuming. Some audits are inevitable. However, there are multiple preventative measures tha...

I’m 22 just bought my first property this past April and it isn’t the most fantastic purchase thus far. I’ve only made roughly $700 thus far including equity gain in the property. I do not live in this property and wh...