Louisville KY resident here. Just looking for some advice on what I should do next?  My personal property is paid off so I am literally debt free. I am not tied to my home and will not live here for a long time (not a...

Hello BP friends,I have just started an LLC and want to use it to manage and collect rents from tenants in my properties that are owned in my personal name.  I need some accounting and legal insight on how to correctl...

I thought I'd pass this along to the members of BP...

MHI filed the following comment letter today regarding HUD’s proposed rule on the SAFE Act.

The deadline for comments is this Friday, March 5th. Please fell fr...

MARCS or straight line depreciation. So as I understand it if I use MARCS I will be on the hook for more in taxes when I sell the property vs straight line depreciation. Still with that in mind what is the preferred d...

When buying a multifamily with a du diligence period, what is your list of things you are looking for, verifying, double checking and other?Getting close to making an offer, the selling agent said owner wants to know ...

House was severely fire damaged and subsequently deemed uninhabitable and demo'd by the city along with the solar panels. In addition, the lessee of record is deceased. Death certificate was already sent some time bac...

I am looking for some advice about what is the most responsible path to take in my situation.

I just turned 25 and would like to start investing in real-estate with the goal to create long-term value. I do n...

I have a family friend offering me 7 acres of land for sale in Texas, 30 mins south of San Antonio. It currently has a new doublewide, a single wide and a pretty small lake stocked with fish. He is selling for $300k b...

Hi BP,

I'm preparing my taxes and am trying to determine the value of depreciation that I can write-off on my taxes. Where do I find the cost basis (value of structure) for my rental property? Is it on the county web...

I plan on moving out, and will rent my current home (New York). Some renters liked my furnishing, and asked if i can leave some furniture behind. I have never dealt with renting a furnished rental property. For exampl...