Hello BP,I have a tenant that swears she’s not smoking Pot in her unit. But, the last two times I’ve been in she’s said it’s a bag of marijuana I smell coupled with a few other marijuana non-smoking products. Maine ...

I know that with flipping properties, the profit generated is taxed as ordinary income. And it can significantly increase one's marginal tax rate.Other than the basics of running a business (operating as a pass-throug...

Value-add in real estate is one of the most common strategies when it comes to investing in real estate. The concept is simple but if you’re not familiar, it’s going into a property that’s underperforming (rundown or ...

Have you ever had to deal with another landlord who is a slumlord?I am in a small condo building and my unit A is adjacent to another unit B.  I rent out unit A and the other owner rents out unit B.  I maintain unit A...

Hey guys!
I've found a lovely duplex in my area (just outside the Birmingham AL area) It is in a B neighborhood and it is listed at 30k. I am considering house hacking this property. But it needs a lot of work and I ...

Hello,Need to notify tenants that they must remove all inside and outside pets from rental property.Does anyone have a Pet Removal Notice letter I can have a look at?  I've created one already, but want to see if ther...

I wanted to share this recent success story with everyone. For some history my brother Nick and I have been partnering on buy and holds since 2009. With this latest story, by far our best and (potentially) most prof...

http://www.newsmax.com/Headline/krugman-death-panels-vat/2010/11/14/id/377008

All of the crying that was done, all of the hate speach towards Sarah Palin, Glenn Beck, Rush, etc...turns out they were right. Makes you ...

Would be interested to hear if anyone has more/better/different information on this issue:

I just set up an Individual 401(k) for my consulting company, which is a single-member LLC. I'm wondering if this might also ...