If you hang around the real estate investing space for any amount of time, you will hear the term “1031 Exchange.” You’ll likely be curious why this strategy creates so much excitement, so that is what we’ll walk thr...

When collecting cashflow and/or proceeds of a sale from an investment property (investment strategy probably doesn't matter) is there a significant difference in dispersing/collecting/receiving/using those funds, depe...

I received this from my accountant in his newsletter. I thought it was worth passing along.

Nine Facts about Mortgage Debt Forgiveness

If your mortgage debt is partly or entirely forgiven during tax years 2007 t...

I purchased a gas station in 2018.  Gas stations normally depreciate over 15 years. But I’m using special bonus depreciation to take immediate 100% depreciation for the full cost of the acquisition minus the land cost...

Hello BP,

I'm a newbie in this whole investing business. I would like to get started investing by wholesaling properties to help build some capital and then transition into fix and flips and buy and holds. I am in a...

I don't know if you have read the story, but it's such a classic!An American investment banker was at the pier of a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boa...

A family member and I have an agreement that he will manage a property that I recently purchased and when we are ready to sell, he will receive a percentage of the proceeds. He would like for us to establish a partne...

Hey everyone,
What is your opinion on EMD? It is holding me back from proceeding because of lack of money to lock in contracts. I do try to get those 1-2% down, but what advice do you have for either avoiding EMD, or...

My wife and I started doing some marketing to find off-market deals under an assumed business name (we registered the business name using our personal names).  We are now setting up an LLC to do business under...we wi...

Hi All,I just finished my first flip and is now under contract! My mentor/partner has been doing this for the last few years now. I was able to secure some silent investors to help rehab this property. After the house...