Hey BP community. I’m 23 years old, I’ve always wanted to get into real estate and slowly build into doing hopefully 2-3 deals a month. But I gotta start somewhere I might be closing on my first deal this week but I w...

Hi Folks - First time investing in a multi-unit.
I am on a contract and might close in 30 days if everything goes well. It is a duplex plus a garage converted without a permit as a studio according to building code. ...

I am looking at forming, a Series LLC in Illinois, with my wife for our rental properties. After doing some research, I am only more confused. It seems like there are very different outlooks, strategies and methods. I...

Hi BP,All the brand name CPAs like Provisions, Mark kohler or evne Clint Coon's firm charges around $8K-$10k for LLC real estate tax filing. Those are famous firms and I know those are also for big busienss people. Fo...

Investment Info:

Single-family residence buy & hold investment in Enterprise.

Purchase price: $1

Cash invested: $1

House Hack, renting out 2/3 of the bedrooms to live for free. Purchased with th...

Hey everyone, very excited to be here. I was referred to the podcast from a friend of mine about 2 weeks ago and probably listened to maybe 30+ episodes so far. Currently working a full time job and also own a small c...

I plan on buying a rental property in Indiana as an Illinois resident. I'm guessing I will need to create an LLC in Indiana?Anything else I should be aware of tax wise, etc?

I've seen a lot of excellent threads on the site about business formation and taxes. I was hesitant to post on them because most of the recommendations say, "it depends on the particular situation."I am posting the fo...

I have been learning a lot about house hacking and was wondering about when you go to qualify for a loan, say on a house that you are unable to purchase without house hacking, is the bank going to qualify you based on...

Hello , Good morning. I am listing my residential investment property in a day or two for sale and want to do 1031 Exchange. I have one technical question about this transition.In relinquished property, my wife and I ...