My dad owns a duplex outright, valued ~350k, and renting for $2,200/mo. The return on equity isn't ideal, but he's retired and holds the property as a stable source of income. He doesn't like being a landlord. I have ...

Hello everyone,I'm wondering how people handle their expense reserves and cash flow.  Do you keep it in the same account? Do you separate the two? Do you put the expense reserves in a checking and cash flow into a sav...

Any high performing agents choose to be taxed as an S-corp??? I heard its expensive to manage and you have to do payroll and bookkeeping.

Landlords have a noble mission. We provide safe and clean housing to our tenants, keep homes maintained and reasonably respond to our tenants requests. We provide housing options so that the government doesn’t have to...

A prospective tenant with (great credit / clean background) of ours has a roommate that is here on a work permit. He has a Tax ID number but no Social Security number. Our current tenant screening company can only sea...

We rarely have foreclosures in my area and there's never enough meat on the bones. I finally saw one that looks promising, but it looks less promising now that I've researched it.ARV is $400,000, house is standing and...

Hello, I am wondering how many of you save on taxes. I met with a accountant and he is saying over 250k a year is at a income bracket of around 33% plus there is state tax and social security, etc. Sound like a lot ...

Hello BP Community;I have these two opportunities to purchase 2 properties.They are student houses, both in excellent condition, no rehabing is required! Both have been placed through the BP Analizyer / calculator, ov...

Newbie closing on my first property, how do I keep my rental income separate from my personal accounts if I don’t have an LLC and therefore can’t open a business account? Should I just open a separate checking account...

Hi Everyone,

I'm new to this forum so I apologize if I chose the wrong forum for this post but I hope it is correct. I have a situation with some of my clients and I am trying to determine the best way to ha...