I have a question re: consequences for a property management company and parties involved in a fraudulent transaction. What potential penalties would exist for a licensed property manager / firm who engaged in the fol...

So I have this "friend"...A buddy had invited me to an invitation only meeting. It was a very motivational gathering that left me wanting more. I like to consider myself a receptive type person but ------- this doesn'...

Hello to all BP members!

So... I have been following a home for quite some time on Auction.com that was due to be auctioned off at the court house.

I showed up for the auction with my check book ready to buy. I wa...

After meeting with my CPA today, and going through a number of back posts from the BP forums, I'm interested in hearing more about how the IRS oversees the balance between S-Corporation compensation versus flow-throug...

I am inquiring about an existing business (Cold Stone Creameries franchise). Records indicates an average annual income of $169,000. The owner is asking $49,000-according to the information sheet on the property. This...

Friends, I came across an ad, on Craigslist that made me think. The ad was of a modern home in a decent area. Of course, the rent was inflated but not by much. The ad listed renter qualifications,  and explicitly said...

Hello All,I'm in the process in buying a second home for the purpose of renting out. I plan on going with a conventional loan at 20% down, the loan officer I'm working with has me pre-qualified and has the interest ra...

This week in Atlanta, my partner and I closed a $45,000 assignment on a wholesale deal.This deal was brought to us by a newer wholesaler who was hoping to make a few $G's on the deal.  In fact, he would have been thri...