So,I know that Texas has no state income tax.  Does this include net rent for rental homes under an LLC?For example, if I show a positive net cash flow of $1000 for a rental property, is the IRS going to collect any i...

One of the most common questions that we get asked is, “If I were to invest $50,000 with you today, what kinds of returns should I expect?”
We get it. You want to know how hard real estate syndications can make your ...

I'm currently living in a duplex I own, work full time, but my employer doesn't offer a retirement plan. I'm considering starting an LLC that I can run rental income and expenses through for the main purpose of starti...

I have a scenario that is playing out. I want to get some outside perspective from other investors, lenders, etc.... ideally from people with experience in Canada, but of course, not mandatory. Here is my Situation:In...

Dear BP Community, I am actively looking to purchase both units of a duplex, live in one unit and lease one unit (house hack). I found a property that I’m considering making an offer on, and I’m analyzing different ...

Sen. Robert M. Hertzberg (D-Van Nuys), introduced as SB 8 immediately after he was sworn in Dec. 1  According to the LA times, it would extend the state's sales & use tax to services. Healthcare and education serv...

Hey All,

I've become interested in the idea of a self directed IRA as I'm growing increasingly put off by my Edward Jones dude trying to convince me that a 6% rate of return is awesome. I'm also looking into the pro...

I have recently been learning about infinite banking via whole life insurance loan.   Is it a great place to start to get funding for my first deal?  Any things I need to watch out for or words of advice for that method?

1. Cash Flow The extra profit left over after all of the expenses on a property have been paid. Your wealth really starts to compound when this profit is reinvested back into your portfolio. 2. Appreciation The natura...

If I have a rental business, can I use that income to qualify me as self employed so I can set up a self-directed solo 401(k)?
@Dmitriy Fomichenko @Seth Tandett