Hi All, My Wife, @Sarah Stamper is a flipper starting on her second property now.   She does all her flips in a single member LLC to keep our taxes nice and simple.   I was planning to get her set up with QuickBooks a...

Hi - I have a general question on taxes for flips. I purchased a house with a partner in 2017 that we rehabbed and will be selling in 2018. There were a decent amount of costs incurred in FY17, but I'm not sure if the...

Hi,

I am trying to fully understand taxation of rental properties before I make my first purchase. The scenario I'm looking at is a buy-and-hold strategy (100% cash) that would generate a moderate amount of income (...

I have a dilemma. I live in Maryland. Presently own 10 houses – 7 in Maryland and 3 in Albuquerque. 8 total mortgages. I have an older (1978) house in Abq that is paid off. I’m thinking of selling that and buy...

Hi BiggerPockets! I had a question about seller financing. when should one start to do owner financing? Should one have an LLC formed before they attempt to do any type of seller financing. And would a great place to ...

I am currently closing on a package of properties bringing my unit count to 10 for 2016. I will definitly have a real estate accountant file my taxes for 2016. That being said I only had 2 units and my w2 job for 2015...

So trying to analyze a 25-50 unit MHP that has all park owned homes. How should I go about breaking it down to make a strong yet realistic offer. mid it were just lot rents it would be 225-275 from what I am currently...

Hello BP community, I’m relatively new to real estate wholesaling. I’m in the philadelphia area and finally through some VERY hard work I was able to track down an interesting lead. I found a motivated seller in west ...

Good morning BP experts! I'm an Accidental Landlord. Bought our home in Laguna Hills for about $350k back in 2002. Kids grew up and split, and we couldn't afford it anymore. By then, it was refinanced a few times to a...

I have a solid rental portfolio of houses here in Austin, but the cashflow is minimal compared to what I can get in multi-family or in the mid west. additionally, I'm looking at purchasing non-performing notes and tur...