What’s up y’all. Shawn the Newbie here. Me and 3 of my friends have pooled money together and starting a real estate investing company. We spoke with one accountant who suggested we become a nonprofit as opposed to LL...

Hey everyone at BP,I am working on my first (non live-in Flip). As it stands now with rehab costs, holding costs, Closing costs, & paying the buyers agent, I will net out at $33,000. Since I am not flipping as an ...

In 2022, I purchased 10+ single family and small multifamily properties.  During tax time, I deducted as much as I could.  Unfortunately that left me unable to purchase properties the following year.  How can I find t...

I’m new into the world of real estate and close to getting my first rental property. I’m still confused on tax benefits and looking for some assistance. I’m a high earning W2 household ($400k), and I also have around ...

My current primary was purchased in 2018 with a conventional loan. My intent is to convert my primary into a long term rental. I’m curious as to the strategies that are recommended to ensure I’ve covered all my bases ...

OK here we go. Looking for advice, comments or deal or no deal. As a new investor I think I may have found a good deal on my first multi family property. I've taken the advice of this board and others to look at ownin...

Hey everyone, Wanted to hear the communities response to this;Brand new r/e investor, going to do a fix and flip. Does anybody have any interesting tax strategies in respect to this whole process? (buying, selling and...

Hi all,

How do you withdraw the money in your current employer's 401(k)? I don't have a financial hardship, and I don't want to take out a 401(k) loan. Is this possible at all?

I know there are penalties for withdra...

We are in negotiations on a 16 unit. Purchase price will be somewhere around $600K. We primarily wholesale and should end up somewhere around $400K this year of income from our wholesaling business. We met with our ac...

All,I am hoping to get some feedback here w/ potential seller financing (I am the seller). I am a lawyer by trade and am generally not too good w/ understanding tax numbers, etc. I will try to keep it simple - any fee...