I’ve flipped a house and was renting it out for a while. I got a great offer to buy the house that would give me a profit of around $35,000. They would like to close in the middle of December. I was wondering if anyon...

Hello!  My name is Melinda and I joined BP earlier this week.  I've listened to a few podasts, read forums and started collection book titles.  I've found multiple REI groups that are sure to be positive.  There is an...

In getting an LLC, is it worth the extra money to get a registered agent or does it make more sense to put yourself down as the agent and save the money?

My brothers and I are going to start investing in rentals properties and we are curious on what to do as far as a business set up for the 3 of us. Two of us live in South Dakota and one lives in Wisconsin and we want ...

I want to go back and do a cost segregation study for a property I purchased and put into service in late 2022. I’ve always done my taxes through TurboTax (I know, burn me at the stake lol) and did for 2022 as well. I...

Brandon Turner and DealMachine recommend sending direct mail to driving for dollars. Michael Quarles and Rick Ginn recommend sending direct mail to probates.
Which is better?

I haven't researched how probates work in Michigan, but I figured maybe someone knows the answer and save me a lot of time looking around.

I tried to get probate records today at the courthouse, and the clerk told me...

There are several different types of income in the US tax code.

Two main types are “active income” and “passive income".

Active income is money you earn from working, such as wages from a W-2 job or income from ...

I was once told an interesting "trick" by a seasoned RE Investor. He said if you could find an investment property (say a SFH rental property) that was owned by an LLC, that you could save lots of money on the purchas...

I am interested in forming an LLC w/ S-corp status for tax implications. The idea would be to build a team and protect my brand. I have heard some people say that forming an LLC is mainly for legal protection and othe...