Hello BP members. I just discovered a new way to leverage your money and current assets to purchase other real estate and am wondering if its too good to be true and what is the catch. What are your thoughts on Cost S...

Is it "IRS legal" to buy a distressed property with a self directed IRA-LLC, hire a contractor to do all of the rehab., hire an atty., a realtor and other third party services to process the documents, and put every p...

Hi BP community! My husband and I recently purchased a new home in Southern Missouri that has a large shop w/ apartment on it. A CPA I met with discouraged us renting it and encouraged classifying it as a home office ...

Biggerpockets fam,I want to create a series LLC to buy property in Reno NV. My intent is to buy one property in NV and more in a different state.However, I'm curious if it would be better to just create a regular LLC ...

So today I called my CPA to let him know that I’m going to be buying rental properties in the near future. I Wanted to get some insight on some of the tax breaks I would be getting for having rental properties, he ...

We are fairly new to real estate investing and we have done multiple BRRRRs and just listed our first flip for sale. After doing more research and talking with our CPA, we will owe about $30,000 in capital gains tax. ...

Heard about opportunity zones where we can get tax benefits. There are organizations that have funds to assist us with buying properties in these areas. Not sure how this works and what are the benefits and how to app...

Hello all, looking for some advice or recommendation.  Also my first BP post so here we go.
July 2020 I bought a townhouse in Fredericksburg, VA for $315k.  20% down payment, 2.75% fixed over 30 years.  Do the math a...

What is it? Pros and cons

Is it possible to create an LLC, Buy Properties and place them in it, then rent it yourself from your LLC? What would be the benefits from this?