BP Tax Gurus,My question is regarding short term rehabs.  I know that if you hold a property for greater than 1 year, its taxed at a long term capital gains rate (15% for most people), and less than a year, it is shor...

Hello BP,
I would like to hear a second opinion here regarding Real Estate Professional Status (REPS).
Background: I have a full time W2 job. My wife does not work. My wife and I formed a partnership LLC back in 201...

Hi BP community, 
I am a longtime US expat living in Asia for over a decade. I've for the past months been studying REI with eye towards rental properties. 
My struggle, however, is my relatively unique situation li...

Hello BP Family, I am quite conflicted right now and I was hoping to gain some perspective by sharing my story. Currently, I am a licensed Professional civil engineer in the State of Michigan and I currently work for ...

I'm working on going through the underwriting process for a mortgage on a new primary residence. One of my existing rentals is an Airbnb/VRBO rental and I was told today that if there isn't a long-term lease in place,...

Good Morning All!
I’m excited to share that the early stages are underway on a project for transitional housing in central Oklahoma unlike anything that’s currently available in the area.
I would love for other prof...

I see so many people from Boston, Massachusetts on the forums these days concerned that the numbers don’t work for cashflow.My question is, what are the major concerns or draw backs you see when it comes to investing ...

Investment Info:

Single-family residence other investment.

Purchase price: $220,000

Cash invested: $25,000

2500 sf full-floor apartment had been on the market for 3 years when we discovered it.

...

Hello! Hopefully this post falls within the guidelines of the forums.. I am just trying to get a feel for an average price to be expected for:1) Initial tax evaluation, plan creation etc  (flat rate per year)2) Tax ad...

Is it possible to start in commercial? Everyone I talk to tells me to start in residential then switch to commercial. Commercial is what I love, it is what I like to study and something that I want to do so I can lear...