Hey experts,I recently bought a condo under my name and created an LLC. The condo is under my name but the LLC was created because I planned on renting out half of the space. My brother will be living in the other hal...

Hey BP, I have a friend who I have been speaking with about partnering together with and I was hoping for some advice on the matter.  We are looking at contributing 50% each to fund a new deal and we wanted to make su...

Looking into this property. In need of a second opinion.Price$750,000Property Sub-typeGarden/Low-RiseNo. Units45Property Use TypeInvestmentBuilding Size35,000 SFCap Rate17%Price/Unit$18,000Occupancy91%Property TypeMul...

I have two rental properties
One with a $5400 mortgage payment with $6600 in rents coming in after expenses ($1,200 in profit)
Another with a $2000 mortgage payment with $3000 in rents coming in after expenses ($1,...

Hi guys, so I’m fully renting out my first multi family property and now I’m living in my second multi family property (house hacking). I have separate checking and saving from my personal life which comes from 9-5 da...

Hi there,Would love to get some advice on HOA fees when adding them to the deal calculators. If as a landlord I wanted to pass on the HOA fee to the tenants to be included in the monthly rent, should I include or not ...

Should a flipper (who is structured as an s-corp) consider buying additional properties before the years end in order to offset higher than normal profits on a tax return?

Hey guys,I'm starting out, and have 1 property, and I am trying to figure out how to do the books. I have decided that I want to use Excel for the first year, to get comfortable with bookkeeping. I currently have one ...

I was hoping someone might know the answer to the question I had about whether I need to report the earnings on my Airbnb listing. I listed it last year for around 2 1/2 months, but since the apartment is rented, I di...

I'm trying to make sense of the 2% and 50% rules as stated in the books. I realize they are just rough guidelines, but even as such I'm having a hard time getting them to add up.First of all, in the example he uses fo...