Hi Everybody! I need to get a question answered ASAP because my accountant isn't getting back to me, so I figured I'd try out asking the BP community. We would like to make an offer on a townhome that will eventually ...

Markets find equilibrium. Supply and demand. If something is overly-hyped, that represents a demand increase. So, holding constant supply, that means the price will go up.
Remember that idiot uncle/cousin/fiancé/what...

Hi there BP,My name is Teddy and im from Vancouver BC Canada. I've just stepped into the REI game and im very excited to get involved.Im looking for someone in Vancouver to connect with and possibly help each other do...

Newbie question:  I've read numerous threads on the depreciation benefits of RE investing but need to ask the following for clarity.  I earn over $150K in W2 income.  My RE business partner and I have an LLC and are c...

Hi, I am in the process of purchasing my first investment property. I am looking at a house close to my primary residence for around 1.8M; I plan to rent it out for the first year while I obtain permits and plans to b...

Hi everyone. We purchased a property in early October and are placing it in service this week (mid November).We had intended to run a cost segregation study and try to accelerate depreciation which we can deduct again...

Here’s a strategy that I haven’t seen many (if anyone) talk about and I’m curious to see how the BP family would do it. Below are the benefits (I know of) that I can use:Please let me know if I’m missing anything. 4% ...

My husband and I live in a home we own in Southern California and are looking to buy our first investment property. We are parents of 2 kids under 2, so we need our first property to be as low risk and hands off as po...

I'm trying to figure out the best entity for CA resident/investors that want to invest both in and out of state. I know a California LLC is required to pay 800.00 a year annual tax. I am already doing that with one LL...

Hi BP Community,  
I was hoping to get some feedback on the best ways I can utilize cost segregation for my taxes this year and if anyone has recommendations for a Real Estate Accountant in the Los Angeles area that ...