My parents own 5 rental properties and are tired of dealing with them and want to travel. Originally, I was going to purchase the properties from them and continue renting them out. However, after speaking with a CPA,...
I’d appreciate some feedback on taxes.
My mom owns two houses outright. She resides in one of the houses, and I rent the other which had belonged to my late grandmother. These houses are in Colorado....
Should we refom health care? Do we leave thing the way they are? Do we pay $800 co-pay per month and then bail out banks? Are we listening to our president or do we disagree just to disagree? Please share how you feel.
We were hit with a bit of bad luck this year. Our grown son became ill and we are the caretakers, looks like it maybe long term. I'm 64, plan was to retire in 6 yrs. Finances are screwed due to medical et al. Debt $33...
Hello all, My father is preparing for retirement and is beginning to organize his RE investments for when he’s no longer here (not for many years prayerfully). He has purchased his properties over 25 years, but all ha...
Do you have your estate plan / trust in place? If not, then you are not protected from wealth destruction and the Big 4. Asset Protection is not just about preventing liabilities A true asset protection plan involves ...
I work with many investors from out of state, and aside from their returns, their most important concerns are with the management of their Condo/Towhome. The point of this post to help share ideas on how to self man...
I have a potential tenant, single mother who plans to run her daycare business at our rental property. She has up to 5 children on any given day all under the age of 4yrs old. What are the pros vs. cons?
So I've got a controversial topic to throw out to the BP community. On many recent posts I've seen online, I see members of the Financial Independence Community (no BiggerPockets members that I've seen thus far) talk ...
I'm in contract for my first rental property in the Buffalo area and will be inheriting a tenant who is currently paying way under market value. Property is a side by side duplex (each unit is 900sq ft, 2bdrm/ 1ba) On...