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Hello BP ! I live in a Suburb of a high cost of living city i.e. NYC. I’m a single professional, no children, no spouse. I have zero debt. I earn ~250k per year. My income is reliable in a stable career. My car is p...
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Wife and I are getting close to finalizing our first purchase on a single family investment property and title company want to know how we would like to title the deed. I never even thought about this and wanted to s...
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My partner and I are planning to start our LLC within the next 2 weeks. Is starting an LLC as easy as it sounds or are there special loop holes most web-sites don't tell you? Any recommendations on a pretty dry cut w...
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The scenario is as follows:Husband - only on initial 2 properties mortgages with bank. Wife currently does not have 2-year work history & not on mortgage.1. Husband owns 1 property solely and only on his name as h...
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Can anyone explain accelerated depreciation and when to use it? Any other awesome tax benefits to discuss?
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Hi Team! Hope everyone enjoyed the holidays.
Okay, this has been covered to some extent at length, but it’s been difficult to decipher the exact information I’m looking for. I hope this can be helpful for other peopl...
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What's your advice for convincing your spouse to get interested in House Hacking?I love Scott Trench's Set for Life House Hacking mindset. Since 2009, I've owned a foreclosure-rehab turned house hack (5 BR 3 BA). I li...
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I see a few husband and wife teams out there and that is great. Today marks two years that my wife has joined the company. And it is going well. She actually closing deals on her own. I think I have created a monster...
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I live/work in Honolulu, HI, but I own a single-family rental in Newport News, VA. The property is near to extended family, and I want to kill two birds with one stone later this year and visit the property (for the f...
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Hi BP experts. Hoping to get some answers on a slightly complicated issue. I have asked a couple of accountants this question but they are not real estate specialists so I want to see what kind of answers I get here....