Even if you have strong positive cash flow from your rental real estate, chances are you still have a loss for tax purposes due to the depreciation deduction.

This is a great tax strategy because your positive cash ...

One of my favorite real estate strategies for this year is Short Term Rentals.  The money is great and you get to provide amazing experiences to people.However, local governments are starting to get their hands into i...

Happy Wednesday! I’m a new investor in Atlanta. I purchased a home about a year ago. Within 3 days of me closing on the home the house was demolished by the city due to a known (but not disclosed) title issue. I went ...

Hey everyone! I'm Tim.I'm just getting started - I'm a homeowner (this is the 3rd place I've owned, sold the previous two), but I want to get started in REI. For a day job I'm a software engineer and I live / work in ...

Hi BP!I am having trouble finding a good explanation of what constitutes closing costs. What factors effect the amount of the closing costs? Is it based on the sales price of the property or the amount of the loan? Is...

Hello everyone, I have a friend who is looking to move his parents closer so he can take care of them more as they age.  His personal residence sits on a large enough lot, that he wants to build them a small residence...

Forming a multi-member LLC (7-9 members) – how do we handle signing authority for legal documents? Is one authorized signer better than many? What are the pros and cons of each? What is common practice and why. Thank ...

When purchasing the “replacement” property, do we need to purchase a property equal to or more than, the Capital Gains or the Net proceeds?Sell “relinquish” property: $287kLoan balance: $115kCommission, fees: $15kPur...

I just read in Han and Macfarlane's tax book that profits from flips get taxed as ordinary gains, not capital gains. What is defined as a flip?  If we merely paint and cleanup and maybe replace carpets for less than $...

BP Community,My team and I are looking to start virtual wholesale in Florida. For people who are already in the Florida market, can you give me some advice on what areas are working? Once I have the mailing dropped I ...