This may be a silly question but for tax reporting purposes does your earnings need to match exactly to what Airbnb is  reporting? Reason I ask is that I've been tracking earnings based on when they are earned whereas...

Hi everyone, first time poster here! I recently started researching real estate investing and wanted to see if anyone had advice about a property that I’m considering investing in. The property in question is a fully ...

Greetings fellow investors,I am close to get into my first property and I am wondering about the following.We are all aware that the interest paid on the mortgage is tax deductible but ......A) Does the deduction rela...

How do you get rid of Annual Mortgage Insurance Premium on FHA loan? and what happens to the the Upfront MIP? Is it refunded to us later or is it payed toward the mortgage later?

Due to a discussion about filing form 3115, which is evidently required but may not be expected to be complied with, I thought I'd ask if my Schedule E looked normal.   (No red flags)  First, can anyone link to an art...

Do I need guidance in this category or do I just google “create my own LLC”? Just trying to gauge if there are any particular details I should know about or if it’s pretty straight forward to figure out on my own.

Hey BP Fam! I hope that everyone's 2024 is off to an outstanding start!I was fortunate enough to get a property under contract at a great price from mentors of mine. They had suggested using a trust to hold the asset ...

Hi BPers, I need help to determine the improvement portion for depreciation on my new construction home.  It was placed for rent on 6/19, and occupied 8/19.  The Property Record Card is not accurate.  It only shows t...

I'm just starting to research self directed IRA's.  Do they have the same annual investment limits as a regular IRA - about $5500/year?  If so, if your plan is to invest in real estate with the money in your IRA, what...

Hey BP!
A little backstory on why I'm writing this post... My wife and I have been together for about ten years and we've never taken this topic super seriously. What I mean is we've never sat down, wrote down our go...