Paid off our existing home in 2023.  Just purchased a new home and will close on that home on 8/30/2024.  Was hoping to rent out our existing home and use the rent to pay down our new home mortgage faster.  Assuming w...

To all the BP Tax Experts,I am thinking of selling my properties and was doing research on capital gains rates. I ran across this article and was wondering about the income threshold. Is my capital gains rate based u...

Hello, 
Does anyone have any advice for someone who is looking to transition from a finance background to real estate employment such as entry levels positions or etc? 

Hello guys:I wanted your opinion on my intention of cashing out my 401k and Roth IRA account to use the money to buy real estate. I think real estate market has better opportunities at the moment and more potential in...

My husband and I are looking to purchase a STR with a vacation home loan. We do plan to occupy it ourselves for the 14 day/10% of rentable days requirement. I've spoken to a few lenders and while I understand the guid...

How To Get Rich:
(and it’s no secret)
(1) Be Efficient with Your Time & Money
“In short, the way to wealth, if you desire it, is as plain as the way to market. It depends chiefly on two words: industry and fr...

Basically if I buy a rental house for 75k cash and rent it for 750 a month it will take me roughly 10 years to get my money back. In the mean time is it a loss? I already paid income tax on that money, I saved it in m...

My husband and I are hoping to maximize our retirement savings this year and need some strategy help. I currently have a 403b through work. There is no match from the company. I currently fund it myself at a total of ...

I am moving out of state. The state I will move to has a 6.5% income tax. I will have a rental unit in my home state of Tennessee. Can I assume the rental income I receive will be taxable in my new state of residen...

So I have been around BP for about a month now. Every day I learn something new, but I don't get to post a lot because I usually look at the site on my Android device. Unfortunately, it doesn't work so well with BP fo...