This intended only to open discussions on the changes that affect investors. This is to help you know what questions to ask your CPA so you can do a better job of tax planning. I am not a tax guy or a tax attorney so ...

Hey Las Vegas Investors,
I'm a real estate newbie looking to learn.  I'm transitioning career fields in about a year and anticipate a significant pay cut.  I currently own and househack a 4 br/3 ba in the Centennial ...

Hi everyone,
I bought my primary residence 8 months ago. I intended to live here for 2 years and then keep it as a rental property. The issue is that a train track runs behind it and the vibration is horrible (litera...

Hi BP CommunityRob from Central NJ here.So I'm wondering if this question is a bit pre-mature considering I haven't bought my first proper investment property yet. I own 1 rental in a 55+ but it is occupied by my wif...

Hello, I am a new investor in the Chicago area and am struggling with learning quickbooks and setting it up specifically for managing a rental business. I am not an accountant but I loosely understand how to read fina...

Hello BP,I recently did a small amount of improvement (<$1000) on one side of a duplex that I am now living in. Projects included installing vinyl plank flooring in two rooms, refinishing kitchen cabinets, and inst...

TOP TEN EXCUSES (I’VE GOTTEN) FOR NOT MAKING MORTGAGE PAYMENT
10. I thought my ex wife made the payment
9. I already made 12 payments last year
8. I’m thinking of selling the property
7. My dog needed his teeth cl...

Hello! I have a 1031 Exchange / Seller Financing question. We're trying to make an offer on a property with a seller by offering him seller financing. 40% down payment. He owns it in cash so he doesn't have any loan t...

Hey all,Anyone know a good tax accountant in Maryland? Here is the situation.Inherited condo in DC in 2017- FMV 480kRented most of 2017, 2019, 2020. 23k Reno in 2018.Selling for 525 in December.I just found out my cpa...

Hello Genius Members,I have both an IRA and a 401K and I would like to understand how to do a subject to inside of these accounts.  I am very familiar with how to buy/sell inside these accounts but I haven't done a Su...