I was just doing my taxes and I realized I had paid for two appraisals ($800 a pop) for two refi's in 2019. Of note, I paid them with a credit card and they didn't appear on the settlement statement at the end.If I ca...

Any other software engineers become Real Estate Investors? Would love to hear about ways you've leveraged your skills for automations, integrations etc. 

"After studying over 500 millionaires, including Andrew Carnegie, Henry Ford, and Charles M. Schwab, journalist and author Napoleon Hill found that they shared a single quality: Decisiveness," writes Kathleen Elkins o...

Hello,I am newer to bigger pockets, and I was searching the site for books, tips or spreadsheets to help me come up with a process to streamline book keeping. I do use quick books right now but I am not finding that w...

Hi everyone! Have you thought about using cost segregation to maximize your tax savings?Have you looked into cost segregation services but found out they cost too much? I am in the same boat. To make my life easier, I...

Hi everyone on BP. I was wondering if anyone else has experienced the same issue our PM company currently is and if there were any solutions out there. We own a portfolio of about 250 units comprised of small garden-s...

Virtual staging is a method of placing furniture in an image to make a room appear furnished. Example:Have you used virtual staging? If so, what is your favorite software to use? Did it help you rent/sell the property...

I just got a draft from a CPA, that I need to write a check of $40K for taxes.
I have in my email where he said even if I don't do a 1031 exchange, my capital gains will be offset by passive carryforwards. I've had i...

Hi guys, newbie here.

I purchased a rental property in April; because it took a few months to complete all repairs it wasn't available for renting until September.

Here are my questions:

1. Can I deduct mortgage in...

My family owns and manages ~15 properties in Illinois. About a third of these properties are fully paid off, and we are looking to create an LLC or Series LLC for them. We do have an umbrella policy in place for all o...