We usually invest our idle money as a private lender. We get the negotiated interest rate on the money we lend. We don’t participate on the upside, but we don’t have to do anything else after we lend the money.  I’ve ...

I havent had time to digest the new tax plan . But concerning the 10,000 dollar limit on property taxes and state taxes .  If I lived in a expensive house , and the property taxes were $30K a year . Could I move the h...

Good evening, I am hearing that you can only have 4 properties mortgaged at a time now, when it used to be 10. Is this true? If it is, what if I create an LLC and run the properties through the LLC. Any one know how t...

I currently have an LLC set up for a website I was working on. I have credit cards and bank accounts tied to this LLC. The website never took off, but I have maintained the LLC. I would like to repurpose the LLC for r...

Hi BP Community,I am in the process of setting up a buy-and-hold company and am looking for both an attorney and a CPA that have a specialization in real estate and have multistate jurisdiction.  The problem I am runn...

Hey everyone,Stumbled across section 179 while looking for ways to increase my deductions. Anyone familiar with this? My wife and I bought a Ford Edge which is in our names, not the LLC. Will we be able to expense par...

Seller has house valued at 53k. He said he wants 50k. This obviously isn’t a deal but if I could get it under contract for 30, then would it be a good deal? I’m a newbie. Help me out

I seem to have a reoccurring problem with tenants in a basement apartment moving in, and their partner lives with them a majority of the time. How does one define "Occupant"? I use a month to month rental agreement...

Hi, I’m looking into a couple of properties in the Indianapolis area, I’m hoping to close on one soon and I have another that I’m setting my sights on, my question is it worth having an LLC while only having 1-2 prope...

So this is my first purchase of a property and it is going to be a duplex we live in, Im trying to figure out the best route to go for insurance. Does anyone know a good agent or broker in Idaho falls or even just Ida...