I'm Wondering what people might do in this situation. I was able to find  a multi-family property in a good market that has potential to be converted into condos, or held as a solid income property.If I decide to sell...

I have a friend I’m trying to help. He owns his own business and makes good money, $200-$300K per year, but he also has many tax write-offs so he shows a much smaller yearly income on his tax returns. His dilemma is h...

Hey guys, so I found a 2-family home in southern NY about an hour and a half from NYC. The home is listed for 375,000 but I'm sure I can offer at least 25,000 less and succeed.. I got most of the details needed to eva...

I've always filed my own taxes, with TurboTax. Given the simplicity of my income sources and lack of deductions, this was an easy and less expensive way to handle it. I now have 2 investment properties that I purcha...

My tenant’s shower was leaking into another apartment and needed to be completely gutted and rebuilt because of mold. She has been staying with her parents while the work is being completed She is requesting a c...

Advice: Recently found out that hard way that to get sewer lines and water lines can be a really big expense for a new construction, even if the lines run up to the lot. Is there any way to analyse this issue before c...

BP community,Hello to all I wanted to start a discussion on Lease Purchase, I want to know how to decide when an investor should consider this solution to a seller. If anyone could please give examples, or scenarios o...

I have started researching AirBnb rentals across the country and see that AirDNA can be a useful tool (even though it has its data shortcomings). I am looking to get a closer looking at occupancy and revenue for diffe...

Here's my simplified as possible scenario:

in 2011, I set up LLC, bought and sold flip title in LLC, LLC made 25k profit on sale of flip. Took 25k out of LLC account and put in my personal account. Towards end ...