Good Evening BB,          I have placed the maximum contribution for 2019, into a traditional IRA to maximize my tax deduction. My first question would be that while I have not purchased any securities with my IRA mon...

Hi,
If the yearly depreciation is less than the Income minus all other expenses,  do we need to start paying taxes on the left over income?
example : 
Net Income : Rent - (mortgage+insurance+tax+expenses) = $7,500 ...

Curious how you all have you accounts set up. Right now I have a rental account where the deposit is made from the renter, then every month i pay my mortgage payment from my general bills account manually. I would lik...

Hi BP

I am running through some scenarios for a first rental property which will be out of state using a PM.

The scenarios range from a couple hundred cash flow positive per month to a break even per month. I have ...

As I move toward acquiring my third property, I realize that I really need to start separating my finances. I plan on opening a separate account for my two rental properties. Do any of you have advice about what banks...

I'm trying to get a purchase loan to occupy a single family house but because I'm a self employed real estate investor, I haven't been able to get banks to lend. I have a great credit score and can put a lot of money ...

I am paying mortgage for all the rentals from business accounts. The only PITIA paid from personal account is for a personal residence. I am trying to get a 5% down first home buyer conventional on a fourplex for my d...

Hey there !!   I am looking to transfer my 401K to a self directed checkbook IRA to use for real estate investment.  But, I am not sure if it should be a Roth IRA or a traditional IRA as both are offered to me.  I am ...

I have been thinking about setting up a new account specific for my duplex. A checking account for rental income/paying the mortgage, and then a savings account to cover any maintenance or repairs. Does anyone have an...

Hey BP,I got wrapped into an informal partnership on a real estate flip project that we are about to sell after 3 months of rehab. We split the costs 50/50 and we are about to close soon. Since the partnership/deal wa...