BP,Can you guys give me some advice on what software you recommend for keeping your books. I am trying to find something to consolidate income, expenses and anything else related to finances. I could use excel, but I ...

If I sell my rental before the 1 year mark, do I get hit hard on tax? can I 1031 it?

Good morning. ☀️I have a 751 on Credit KarmaAltogether about 15,000 for a downpaymentLast year I made 50kBut I it’s my first full year as a sole proprietor therefore I could only prove 25k on my W-2 part time. I am co...

I currently have multiple submitted offers on SFR properties with the purpose of implementing the BRRR strategy.   I have not yet registered an LLC, however I do plan on doing so after I reach my max on conventional f...

Hi Everyone.My tax history is weak and I'm low on cash. I have a friend who can kick in a lot of cash which would give me great bargaining power. He has agreed to split deals 50/50 where he provides all the funding an...

Has anyone ever heard of or use The lending Hall inc ?

What's up BP!  I just recently purchased a house hack duplex in Upstate SC.  I already set up a business account to keep my business expenses separate from my personal expenses.  Even though this will be a temporary p...

I purchased a single family home under my LLC as my first foray into rental properties.  There are repairs that need to be done to the crawlspace drainage which would cost about 10K.  Can I expense that out as a busin...

Hey Folks,Curious to know how those of you with LLCs manage your bank account(s). Do you have a business checking account where rent gets deposited and a separate savings account where you hold the security deposit? W...

Any REIs have experience with Groundfloor investing? Thoughts?