Hello everyone,I own a couple of small multi-family buildings in Florida, though I live in Los Angeles where I make a couple hundred thousand dollars a year in the entertainment industry. I mention my income to show i...

If my single-member LLC bought a property in 2014, but was not placed up for rental until 2015; so there is no income or expenses (other than capitalized expenses).  Do I need to add the property on my Schedule E?  It...

I was recently having a conversation with a friend and we were talking about rental properties.  Friend is an accountant with some rentals of his own, and his brother has various rentals throughout the country.  He as...

Good morning. This is a question that I constantly make myself and probably will be a good one to know other people mindsets over when to sell or keep a property using Cap Rate as a guide. So, please let me know, in y...

Hello,I am currently in the process of finding a tenant for my home. We have had one month vacancy while searching for a new tenant, so I am looking to fill the home as soon as possible. A tenant who is interested in ...

Hello,I'm currently doing due diligence on a non-performing junior lien that has gone unpaid for about 5 years. I know the unpaid principal balance, interest rate, and monthly payment but the arrearages and payoff amo...

Hello BP Nation,I have asked and been asked this question over and over again by friends. I know different people have different opinions on this and in this post, I wish to generate those opinions by briefly stating ...

You’ve invested in your first or most recent piece of real estate - congratulations! After the stabilization period that comes with the transfer of ownership of real estate, and starting to execute your business plan,...

Hey everyone!!!! Hope you guys are doing fine regardless this Pandemic. I am new to this forum and would really appreciate some advice. TIAI and my husband are planning on buying a house in Pocono. We have recently be...

Not sure if I should still invest in a multifamily  by Troy Upstate Ny, because it is not a Landlord Friendly State and protects bad tenants  from being evicted right away in 2-3 months like you can in PA or CT..My Fe...