Hi all! Rookie investor here trying to explore new avenues of wealth generation for myself and my young family. A little about me, I work in NYC and live in Long island. I have a 401K that I max out and am close to pa...

Which deduction do most rehabbers use when providing water, snacks, pizza, beer, etc for their work crews (family, friends, etc) on the jobsite?

I had always used the 50% deduction in other businesses, but ac...

First off, I apologize if this has been discussed in another thread but I couldn't find anything that addresses my particular situation.I am seeking advice about how to report the profits from a flip with a partner.  ...

Hello All,
I'm curious to know if you wanted to start a Limited Partnership to invest in notes and/or tax liens, is that something where you would need to register with the SEC or some other regulatory body? Whether ...

The real estate professional rule states:"A taxpayer will be considered a real estate professional if (1) more than one-half of the total personal services the taxpayer performs in trades or businesses are performed i...

Hello everyone. I was wondering how possible it is for an individual to do a title search on a property as good as a title company can. If not, what specifically allows a title company to have a more in depth search t...

I went under contract with my seller. He hasnt paid the mortgage in a few years. His statements show he owes 262k so we go under contract at 268k since all lis pendens were dismissed without prejudice. I find a buyer ...

Hello Fellow Investors, I am new to this community so let me introduce myself briefly before jumping into my question. I am a part time Real Estate Investor, a Real Estate Agent and a full-time IT Consultant.I have be...

I've been trying to get a bank short sale under contract.  It's got an ARV around $220, rehab costs around $40.  I put an offer in that was about 12% over asking (acceptable for this market), but still left room for p...

So I've been running into obstacles with funding an investment property. I am looking at a rental property, but all the lenders I talk to are requiring 20% down, which would totally drain all my capital. How are BPers...