The IRS does not allow real property Dealers to use the Installment Plan method of accounting. This means that if the Dealer does an Owner Financed sell, he/she is responsible for the tax liability for the entire pape...

Hi Bigger Pockets fam, Bio:I'm a 28-year-old aspiring real estate investor. I currently work in big tech (digital ads strategy). I've been an entrepreneur since I was 17, self-taught (mostly) with formal training and ...

Just saw this story here: http://bit.ly/2d6Px2RThe gist of it is that beginning tomorrow Saturday 9/24/16 lenders will now consider a mortgage applicant's payment history over 30 months to determine their credit worth...

Hey guys and gals! I am brand new in this space. I have been reading, learning and listening to hundreds of hours of podcasts. I'm finally going to take action and I am looking for an investor friendly agent. I'm 19 a...

about to make my very first deal, and im full of excitement. I spoke with the realtor and this is the sellers situation. Please give advice if u can on how i should proceed.Asking price is 225.000. Seller is an old la...

I’m buying a piece of land with a mobile on it. 15K down and the rest in monthly payments to the owner. No interest is being charged. I’m wondering if all the paperwork can be done with just the title company? Should ...

I think a lot of people have trouble reconciling an abundance mindset with the omnipresent, "live below your means," advice.To achieve great success, we're told that we must take risks, act as if, and spend money to m...

I'm Nick Fegley. I sure wish this site would let me upload a pic from my iPad or iPhone!
I'm in the military, bought 4 places, lived in 3 of them, and have sold 1 with 1 pending. I want to learn how to do my taxes for...

My wife and I bought a duplex 3 years ago (FHA) and after we closed we decided to buy 2 new cars so that we could get all the large investments done at once. The plan was to get cars that we can drive until the wheels...

Hi BP friends! Help!Potential Deal Analysis. Tell me what you think! Looking to flip property. Will be my first. Tried to do the numbers the best I could using average cost of closings etc. Did I go to high on monthly...