I am a newbie and just starting out. I have a stable job and I have always hustled and saved. I also own and live in a single-family house with at least $150K+ equity in it. I live in one of the richest counties in th...

Hello all! I was wondering if anyone knows if I can setup an LLC by myself with just paying my state fee (125 bucks in PA) and then once I start to generate some capital have a RE Attorney look at it and make any c...

I purchased a rental property earlier this year, and it will be my first year not taking the standard deduction. I met with a tax professional I found through BP, and in our planning call, she mentioned that if you ar...

I'm reading conflicting things regarding capital gains on rentals.  According to the IRS site, it looks like one can live in a rental property for 2 of the past 5 years, even if that property was acquired as a 1031 ex...

im guessing most investors dont lend for buy and hold, so is the only financing for a landlord just a normal bank mortgage ?

My husband's W-2 income is projected to be more then 150k. I've heard that it's not possible to take passive loss in that case. I am not employed currently and heard I can qualify as RE professional if certain amount...

Hey BP family. I will be purchasing my first mortgage property. I'm located in south Florida.  My plan was to purchase a 3/2 or 3/3 condo or townhouse for mtr.  What are your thoughts?

It looks like I will hit my 10 loan limit in the next few months with 3 new deals I just started.My initial plan was to pay off my smallest mortgage 70K by doing some equity stripping/refinance of 2 other investment p...

"Deal of the Century"

That is how this property that I am interested is being marketed. Somehow I doubt it. Quotes like that are a big turn of...

Hello BP community. 2018 was my first year investing in real estate. I was hoping to see some tax benefits, but my CPA sent me this note:"And what I suspected did happen related to the rental. Your income was too hig...