I had my first immediate possession/eviction hearing today.The judge ordered the tenant out by Monday the 21st, and then set a damages hearing for August, tenant wasnt happy of course.I inspected the place yesterday. ...

Hi investors,Which data source I can rely on foreclosure data ?By city By state and By US is the data i am looking.Thanks,Orhi

We're currently Beta Testing the BiggerPockets File Vault, and as you can see [Note the attached file below], users will soon be able to upload files to the site, and will be able to attach them to your forum posts an...

Hello, I am new investor and have a rental. I was advised to open a business checking account for my rental. My question is why do a business account ? Why not an everyday account ? From brief research, i see business...

We are looking to sell a couple single family homes in Indiana. We have held them for 8-10 years. Is it better to sell them in different years to save on the capital gain tax? I've heard that if you sell them both in ...

Hi,We own and manage two AirBnb's.  We have previously tracked all expenses manually in google sheets and produced financials statements manually, also in google sheets.  Transcribing transactions from bank statements...

I recently filed for an LLC with the state of Florida that includes myself and two others.When filing for an EIN, if I choose to be taxed as an S Corp (form 2553); will my LLC become an S Corp or remain as an LLC with...

So my partners and I have decided to start the formation of an LLC so that we have a business entity to protect our assets.

I understand that the Articles of Formation are a few hundred dollars, b...

Take advantage of depreciation: Depreciation is a tax deduction that allows you to recover the cost of your investment property over its useful life. By taking advantage of this deduction, you can reduce your taxable ...

Hello,I am considering purchasing a 2 family brownstone in Bed-Stuy.  It was built on or about 1899.  It does not have a Certificate of Occupancy.  The owner has configured it as a 3 unit building.  I would like to le...