After 3 years, IRS has figured out that I owe they some money. They send me a tax bill claiming that I owe them $500 from 3 years ago. IRS is claiming that I made and didn't declare capital gains in 2010.

I a...

Hi everyone, Quick background, I'm a real estate investor with a high paying W2 job and credit score around 780. We're working on financing out of a current property and ran into some issues with the appraisal. As a r...

I have entered into a contract to purchase my initial duplex and anticipate acquiring two tenants who have occupied the property for a significant period of time. Currently, both tenants are on month-to-month leases, ...

Hey everyone,
I figured I'd ask here because I know many of you have dealt with Fannie mae a lot. I've been having a problem with a listing and wanted to know if this is common or if something's wrong.

Here's the dea...

Hey there! Newbie doing research on a place to invest in. I came across peoria, as most of the home seems to match the 1% pretty easily. A Little too easy and it has me worried I am missing something. Do any of you in...

We did a 1031 exchange in 2020 where we exchanged a smaller, older house we bought in 2010 for a much larger, newer house.  The exchange went well.  When we did the exchange, we took out $25k knowing we would be taxed...

When doing a cash out refi on a property where the cash out amount is more than the amount originally invested, how do you split the cash out amount between the investor(s) and GP? Would the investors get the full cas...

Hello everyone, my team and I are investors and my main job is comping property. I recently ran the numbers on a property and came out as a good deal. However when I double checked everything before sending a contract...

Hey everyone, I am new to BP, as well as new to flipping. Been doing research for a almost a year now as far as analyzing the market with the intent to fund my own deals. In the case of having to use OPM I was wonderi...

I just found what looks like an amazing deal.  The problem is its about two hours away.  Also it's in a very rural area.  What are some things I should be looking for when flipping a house in an area that doesn't have...