Good afternoon BP,I have been recently reaching out to hard money lenders out in the Ohio area to get more information about the company, fees etc. Some of the hard money lenders only lend out to LLC's. I am looking t...

Hey BP family,I found a duplex off market that I intend to house hack with my VA loan. The seller is an older guy and wants to retire from real estate. He’s had the same tenants in place for almost a decade and their ...

Our 10 unit condo association ownership has recently bee passed on the homeowners and I am one of the trustees. My question is around filing the yearend taxes. So far, the accounting firm had been filing 1120 form, bu...

Hi, i recently purchased my first sfh that i will be house hacking by renting out individual rooms. I currently have the rules set to one person per room. A perspective tenant is asking if it would ok if their kid spe...

Hi! I am trying to do 1031 exchange.  The house which we're trying to sell has 2 owners, a foreigner and an US citizen.
1) Does FIRPTA 15% withholding apply to us? or it's not required since the US citizen can file ...

I purchased a property in California several years ago and lived in it as my primary residence for around 3 years. It is currently rented out and I am thinking about selling next year when my tenants lease is up. Wh...

Looking for advice and direction on getting this business.  For starters I will be lending my own money and over time will took to invest with others.  Thanks for any support or direction. 

Hello,If I gift a house, what amount will go towards the lifetime gift limit, the amount i purchased the house for, or the current FMV?It is my understanding that the new owner will have the house at the cost basis of...

What is a good way to protect your assets in case of a bankruptcy? I own several properties, some in my personal name and some in my LLC. Some of them are free and clear with no mortgage and several still have a mortg...

I have been living in my primary for over 20 years.  I have a 500K paid for primary home.  If I sell and buy a new home for around 500K again, live for 2 years and it goes up in value to 750K.  I sell again, what is m...