I have been in contact with a MHP owner with some storage units on site. I reached out to the owner and introduced myself explaining to them what my goals and aspirations are. I asked first if they were looking to sel...

Hi everyone! I'm glad to have joined BP and looking forward to learn as well as seek advice and knowledge from all members! A little about me, I'm a young professional working in the oil and gas industry for about 3 y...

A couple years ago I inherited a 12 unit rental property with no mortgage. After a couple years of rehabbing the place, I pulled a HELOC to purchase a 6 family. It was brought to my attention by another investor that ...

Hello everyone. My name is Emmanuel Lopez im a current business owner (Medical Transportation) in New Jersey but like all of us here whether an Employer or Employee we still want that freedom. I have always had a thin...

My fiance and I are saving money to invest towards our first flip.  At our current rate of saving, I imagine we'll be comfortable moving forward in late summer 2018.In the meantime, I'm trying to figure out the most p...

Has anyone sold 2 investment properties and combined gains into a 1031 exchange for 1 replacement property? Tips?

I own a two-family home where I live on the second floor and rent out the 1st floor. For tax purposes I made my principal residence 50% and rental investment 50%. I have been depreciating half of the homes cost basis ...

New job is going to take me away, having me moving from my primary residence and hoping to rent the house out. I am wondering how this is going to affect my tax liability on what was my primary residence. Don't want a...

*Incomes over 8-Figures*So I’ve tried to avoid publicly coming out as far as what my financial situation will look like going into 2021, however I keep getting conflicting advice from each new CPA and tax attorney I s...

I'm working on purchasing a unique property that includes a small home on 20+ acres.  The seller owns an arborist business, has been in the home since the late 90s, and owns the house outright.  He wants to move furth...