Current Situation - Trying to tax plan for 2020 tax year- househacking with SO and 3 other roommates, and planning to claim active participation and claim a deductible passive loss- Deductible expenses are based off f...

I have been doing hard money lending for a few years though hard money brokers which source and set up the loans for me to fund.   I have not gone out and purchased any existing notes yet, I have just funded new loans...

I have been involved in Pace's Subto community for over 2 yrs and it has just become better and better. I was a little apprehensive about the cost because I have been in other mentorship groups which did not really de...

I was picking up the rent from one of my tenants tonight, and it occurred to me when they pulled up....every single one of my tenants has a considerably nicer car than me. Also almost all of my tenants (Except the one...

I have a new tenant that moved into our rental at the start of the month.  Listed on the lease agreement was herself and three kids, no one else.  Within a few days of move-in I start receiving calls and texts from ou...

Hi

I have a renter lined up for my first rental property. At the beginning of January during the screening process, we spoke with current landlord and he gave a very positive recommendation for this tenant -...

I am looking into hiring a property management company. One of the company is asking to be on the insurance policy. Is this normal?Also, if I fire them, they want a full rent commission until the lease end. Is this ex...

Hi All - I've seen quite a bit of confusion on the application of the Passive Activity  Loss Rules and Short Term Rentals.  Beyond BP, there is a lot of confusion in the accounting community as well but the same rules...

These days, you can't stay on BP for more than 5 minutes without seeing a thread about investing OOS in Memphis...It is absolutely becoming the new Las Vegas, in my opinion...When the music stops, and it will and it a...