I am confused about debt-to-income…any clarification would be greatly appreciated. When buying up rentals, how are you accumulating all these properties??…how are banks approving loans on so many properties?…wou...

I'm a realtor in Orlando Fl. I grew up in real estate because of my father. He owns 20 single family homes. I have accumulated a wealth of knowlegede from real estate gurus and personal experience. I would love to hel...

Considering selling condo - looking for guidance regarding possible tax implications.  I am aware of the 2 in 5 rule, and have lived in the residence for 20 of the last 60 months, so just short of meeting the capital ...

I have a question re: BRRR.When you borrow money from your property to buy another, it seems that you depend on the rental income to make the payment for you. Thus, you will have to pay the expense if you are vacant. ...

Hi All,My CPA is advising that I have my LLC be taxed as an SCorp because I'm an active participant in my fix and flips.  To clarify, I have a multiple member LLC (me and my husband).  In that LLC, I make some private...

I'm 65 and looking to retire this year. Where can I find safe investments that will give me an annual return of 5% to 7% in retirement? --Gary, Pennsylvania The short answer is nowhere, assuming that by safe you mean ...

We just bought our first cash-flow investment property out of state. We live in CA. We are interested in setting up an LLC, but have heard conflicting information as to where it should be.

We have been advised to se...

Can I deduct my rehab expenses from my 1099 wage earned at work, to offset my high income? I make 93$/hr (193K a year) on my 1099 and my wife makes around 95000 a year salary. I also purchased a rental home and I am g...

BP Family,I'm looking for a CPA / firm that is well versed in real estate (including commercial) here in Los Angeles. Also, what questions have you found to be the most important to ask when it comes to hiring these p...

Hey BP Nation...... I'm just looking for some opinions here. My wife and I recently purchased our first rental property in the central Ohio area. I'm sure I did this backwards but after purchasing the property a few w...