My dad owns a corner property with a kwanzaa hut styled building in Ontario, CA. He has 4 small retail units rented and a fairly large area behind the shop that is unused. My dad still takes checks as payment and has ...

Can You Deduct Payments Paid on a Principal Only Note?

Situation; Elderly Seller bought their Triplex home for
around $350K Many Many Years ago. She lives in One unit and rents out
the other two Un...

Hi,Over time, I've browsed so many forum topics and now I'm thinking about investing out-of-state.  I thought I remembered reading some advice about income tax vs some other tax in both your residence state and the st...

Hello,I am interested in getting some thought so on how I should structure my current real estate investments.  I own three investment properties at the moment which are held in my personal name and I plan to hold on ...

Hi All! Interested in the community's thoughts on one possible game plan for investing in my first multifamily:I currently own two single family rentals, and my goal is to grow my portfolio to eventually replace my in...

So i was researching about passive losses and i found out that i cant claim passive losses if i dont materially participate in the property or (if i am not a real estate professional). How can you show material partic...

Hey Guys! The BP Podcast with Amanda Han on taxes last month really got the gears turning in my head. For anyone who hasn't listed to it yet... it's a great one! Episode 162 Now onto my question.. I have a traditional...

Hello,I am looking to purchase life insurance for the first time in my life. From my law school classes I vaguely remember that whole life insurance is the bad one and  term life insurance is the good one hahaha. I ne...

Hello BP Members, I am interested in purchasing this 12 unit building and would appreciate if members could assist me with purchase price. It's an off market property and Seller has passed away and his family doesn't ...

Hello everyone! My name is Jesse and I am a new investor. I am about to close on my first property on march 22nd (tuesday!). It is a $250000 2 bedroom condo in the NY metro area. I will be renting this apartment out a...