Hey All,

I have a few question regarding using land trusts to wholesale REOs and shorts sales. I have used the Land Trust method (ie selling the beneficial rights of the land trust instead of the rights to th...

i am working on my taxes And this is the first year I will get to claim rental expenses. So I am just wondering what items you all are able to claim

I've setup an S Corp for my business and am wondering you can help me identify what tax deductions I should assume at the employer/corporate level? FICA, State Income Tax. Is there anything else that I should account ...

Looking for advice regarding landlord insurance which would cover: Rent default up to $5,000, plus associated legal costs up to $5,000Cover for loss of rent up to 12 months while your property's being repai...

Hello and good day! My wife and I are looking to purchase our second multi-family. We believe we found a good deal on a four family however it needs some renovations, so we were planning on doing a FHA 203K loan. Our ...

About to start the dreaded process of working with a bank for a conforming loan. What banks have you worked with that offer conforming/jumbo loans (California) that understand RE investors income? I deal mostly with s...

Hello BP Community!Getting set up to buy my 3rd rental property! We plan to house hack a multi-family. I am looking at using an FHA Fixer-upper loan (203K). It seems like a great option for us - almost too great. My s...

I've been playing around with KBKG's online calculator for cost segregation and realized that the issue with BRRRR is that the cost basis compared to the value is relativley low. At least per property, it adds up over...

Hello All! I'm new to BP and am absorbing all of the great info on this site. I want to focus on fix & flips, but I have little to no money to get started. I'm thinking of swallowing my pride and asking my father ...

I had a real estate lawyer quote me $700 to set up a LLC. Any idea of what the actual cost is?

Omar