Hey folks.  I created a LLC to own a vacation property in Virginia.  The LLC has 4 members.  Each own 25%.  We own the land and the house in the name of the LLC.  We have never rented it, and never plan to rent it.   ...

Hello BP Family!

This is my first time dealing with a Section 8 property so I wanted to ask some expert Landlords for things I might be missing..

I placed a property under contract for reassignment. It’s been a rent...

I'm looking to refinance some of my great performing commercial loans, They have been performing well for years without one missed or late payment even through the pandemic.  My credit score range from 800 to 830.   W...

Hello BP Community, I know I'm missing something (Or actually just flat out wrong) when trying to figure out this math equation of Mortgage (Principal and Interest). So I was hoping people here could educate me.I'm tr...

Hello All: Any help will really be appreciated.I have a regular full time job with W2, married, started a single owner LLC in 2021 and purchased a property under the LLC in Dec 2021 with the intention to rent it. Then...

I have read a couple books, I'm extremely quick with numbers and I have spent some legwork around the area.

Here is my possible deal:

House is listed MLS for 45k
Went by, looks pretty solid, a little cosmetic damage...

Hello! I've always filed my own taxes and am starting to think this might be the year I need a CPA. In the last year I converted a townhome into a rental and purchased a duplex with a partner. My wife and I also have ...

Can an heir to a property that the tax liens have been sold for the prior two years redeem the taxes with a will or does it need to go thru probate first ? This is in Illinois. Also since the tax liens have been bough...

Hello All,
I have set up multiple member LLC's for my SFH rental's and would like to know your thoughts on filing IRS form 1065 and obtain K1's yourself. Is it mandatory to go through a CPA ? Please share your experi...

Hello BP. I found this deal that seems promising and I wanted to run it by someone to see if I am missing anything. Note: The numbers listed are provided by the seller and haven't been verified yet. Some numbers are e...