Hello everybody, For tax purposes, we are planning to make our investments under a new LLC that my wife will be the sole owner. She doesnt have any W2 income so this will be her only source of income / primary income....

All,  I'm looking into self directed IRA custodians.  I've read through all of the posts and have a  have a few of questions:  I've seen one custodian have fees greater than $100 to apply, load and pay an annual fee f...

Can you turn a 2BDR into 3BDR by re-purposing a living room into a ROOM and creating a LIVING KITCHEN area?
Would this re-purposing be seen as adding an extra room for the purposes of VALUATION? Are there any guideli...

I was pre-approved for a conventional mortgage on a small home as my primary residence. I'm at the beginning of the process and am curious how long after purchase I have to use this house as my primary residence befor...

My wife and I have just executed a 1031 exchange, however, all of the properties we purchased are currently listed in our own names. We'd like to get them in an LLC as soon as possible although the intermediary an...

I own a property which is my primary residence and I am planning to rent out the property for the next 3- 4 years. I have stayed in this property for less than 2 years ( 22 months ) and wanted to understand what will ...

I was wondering, can I use my cell phone bill and gas account as a write off?

Hi BP,Where can I find the rate for today for personal and investment?I have searched on the internet and I can not get a good answer. Thank you.

We are two investors from the NYC area looking to purchase some multi-family properties for cash flow in the  Scranton area.  (We are also looking at Pittsburgh)We are specifically looking for a realtor who has exper...