Is it a good idea to hold my properties in an LLC? Should I set up a seperate one for each property that I purchase?

Ok, we are up to post 9, I am just about to begin some real construction work now.  I have to gloss over a lot of detail work to get this material up, I havent touched on the hours of details, plans, permits, etc.  ba...

Hey BP,

So I just stated my first flip in Chandler Az! Super excited to hit the ground running. Contracts have been signed, closing is set to take place on the 20th of March. As an added bonus, the sellers sold the h...

I have appx $250k worth of active income this far (commercial real estate broker), and I have another $300k in income coming (though I am rolling my fee as equity into the deal so it will not be reported as income on ...

Hi BP!My wife and I purchased an 18 unit multifamily in December.  The building is full of mostly great people, but there was one fellow that always smelled like pot.  We talked to him about it but the odors continued...

What is the tax treatment for the different income streams from Lease Options?  Is the Option fee self employment income (business income) when rec'd by a "future potential buyer"?  Can the monthly income be "rental i...

I'm a month into house hacking my 3 unit and I can't get people to rent because of the crowd of random people hanging out on the side walk between my place and the liquor store just north of me. I never saw anyone out...

Property is 1,148sqft, 3bed, 2bath, family/living room, kitchen/laundry.Work that i would like to do:- brand new kitchen- 2 brand new baths- all cosmetics brand new- some if not all windows need to be replaced- conver...

Has anyone used RentPrep for screening? I searched for it on the BP site and nothing came up. Thanks!

Hello everyone!Quick bit about me- I'm a data scientist working in NYC and literally just started looking into REI a week ago. Mostly because of the dream I have of retiring early with a nice cash flow, but also partl...