Lets assume a Scenario: A new investor who invests $150K on a first rental property. No other retal or home mortgages.
IRS: US govt already allows a "Standard Deduction" of S24,400 (Married joint filing). The other o...

Hi BP family:Getting ready to bid on my first rental property and plugged in #s from my spreasheet into BP and the NOI and Cash on Cash ROI is way off. My cash on cash return is twice what BP shows and at 80k I dont e...

I am a first time real estate investor and CPA in Louisville, KY and recently purchased a duplex (two unit each 1 bedroom one bath split level property) in the Highlands area which is a relatively high market value ar...

I am gearing up to set up an entity in the form of an LLC. My question is, when you earn money that is made payable to your LLC, how do you spend it?

You can't commingle funds, so how do you spend the money y...

Hello all,I've been researching how to analyze multi-family units (put together a spreadsheet and everything - look at me doing big things, ha!) and I've come across the GRM calcuation. I found a site explaining how t...

Looking to by one or two LTR props prior to year-end.  Working on building my team around me and trying to decide if a RE focused CPA is needed for "Tax Strategy" at this point.  We are W-2 employees with pretty strai...

My mortgage was sold to another institution last year and it seems like they handle escrow differently. My previous bank would pay the taxes and insurance when due and collect those balances equally throughout the yea...

I am thinking of transferring funds from my Simple IRA to a self-directed real estate IRA. Wondering if anyone has done this and how difficult is it?

I use stessa to track my transactions both incoming and outgoing. At the end of the year there is the option to download a tax report that includes and income statement, net cash flow, and capital expenditures. I can'...

Hi BP Community, 
I'm at a point in life where I'm considering getting a financial advisor to advise me on the science behind portfolio construction. I very much enjoy managing my own money, and I'm above average whe...