Hi BP family
I live an Illinois but plan to purchase rental property out of state. Do I start my LLC in Illinois or the state I plan to purchase property?

Hi All. Has anyone restored or renovated a historic home or one in a historic district? I landed a great deal on one and the bones are pretty solid. It was built at some point in the 40’s and everything is in really g...

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...

Investment Info:

Large multi-family (5+ units) commercial investment investment in Oklahoma City.

Purchase price: $30,000,000

Cash invested: $18,000,000

We are working on a project in Oklahoma City w...

This is an exploration of theory here, not much to do with investing. But I would love your guys thoughts. Bear with me because it's a bit strange.I'm in Fayetteville, NC. Excellent investors' market, wild cash flo...

I had a question about being a "Qualified Real Estate Professional". I'd like to use Cost Segregation Studies on my commercial properties to offset income from my businesses. For 2021, I started to accurately log all ...

Hello everyone,I have a C-corp in the state of Ohio, at the advice of a real estate 'guru' At the moment, I am JVing on a long-term property in Pittsburgh. Is it worthwhile to hold the property in my C-corp? At the mo...

We are in the process of purchasing a rental home in a golf course community and everyone has a golf cart.  So, can I write off the purchase of a golf cart for golf course rental? Advertising the property to include t...

What should we do?
We are looking to buy our first house, but also looking to invest. Will buying a house first affect our investment opportunities(this will be with an agent and bank loan). If we invest first we'll ...

HI!  We own a six unit building in Chicago IL and we are looking into consolidating all to just one electrical account, and installing solar panels.  We would like to meter electrical use for each unit and for the bui...