On Friday, March 27, the President signed the massive $2 trillion coronavirus Stimulus Bill (the Coronavirus Aid, Relief and Economic Security [CARES] Act) to provide assistance to workplaces and employees. The law pr...
If a seller, who files taxes as "married filing jointly" and has owned their primary residence for over 2 years without any outstanding mortgage, wishes to sell their property for $750,000 and agrees to finance a seco...
I recently purchased a triplex with my in laws. It is a shore property that we plan on renting two of the units seasonally and keeping one unit jointly for our own use over the summer. Both my wife and I as well as ...
2 questions about BRRR. When you use the BRRR method, since you are not doing upgrades but rather repairs, you can either deduct or depreciate all the work you do or hire out right?Second question. After you Rent an...
Hello! Just wanted to share some notes on my experience with RentRedi. I was not going to but I noticed BP is now promoting RentRedi again on their recent podcasts so just want to share with others before people deci...
if an entire house has that old wood paneling,would the arv of ripping out and deywalling be worth it?
Hey everyone,This is probably a basic question, but I couldn't find an answer on here. I came across a seller who wants to sell her property, but she thinks that she can't sell for some reason. She said that a CPA a...
Hey BP community, newbie here. My fiance and I are both excited about investing in real estate and are wondering if you can help us with this-- should we wait until we get married to buy an investment property togethe...
Pretty new to the game of real estate here. People talk all the time about amazing strategies and then others chime in with their opinions that the strategy is dead, it doesn't work any more, etc. etc. My question to ...
Hi All,Is it possible to Rollover a pension payout to a real estate investment account tax-free?Any direction on this would be greatly appreciated!Thanks,Stephen