The real estate professional rule states:"A taxpayer will be considered a real estate professional if (1) more than one-half of the total personal services the taxpayer performs in trades or businesses are performed i...

Hello BP community! Just put a place into contract in the west Cleveland area! Upon doing due diligence, the owner of the house doesn’t own the appliances, they are rented by the tenants. Is this normal for this area?...

Hi all!  I am currently closing on my first rental deal!  It's a 2 acre, 3 mobile home unit property with all three units currently rented.  I just found out that one of the current tenants is a registered sex offende...

Good evening BP, hope everyone had a productive day today.
As a newbie real estate agent in the investment field, looking to do my first flip in the next year. The thought of flipping a home is scary, many things can...

Just learned about infinite banking at my last meet up. I was by no means an expert when I left, but I did have a grasp. Read the book by nelson Nash "becoming your own banker" and enjoyed it. Has anyone out there bor...

When entering information on my Turbo Tax Premiere software I see a screen that asks the following:  If this business shares common ownership and operates co-operatively with another business, you may want to report t...

I am taking over management of my property beginning July 13 - reading "The Book on Managing Rental Properties now. Current property management company has no response to my alarm upon seeing that new tenants have cho...

I inherited tenants at a duplex I bought in February.  Both units had low income racial minority families with school-aged children. (Race is relevant because I'm white, and there's a well-publicized issue in Portland...

Hello, I’m interested on getting some insight from anyone willingI currently live in Seattle and want to get into REI but the cost out here makes it tough to be able to get involved without capitalI read the out of st...