Hello,I am trying to see if the section 179 vehicle deduction would apply for my case.I have a W2 full time job, as well as short term rentals:- W2 job takes 40hr of my time 4d/week at the office, 1d/week from home- I...

Hey guys, I would love to hear some opinions on my personal finances. I'm a 23 year old fireman in Texas. I make a decent salary and my wife is able to stay home with our two kids. We are able to live confortably beca...

Hello everyone, since joining BP I have been a busy bee and I am as green as the rest of the newbies here. I want to share some tips and also a quick update. First off, I have stopped seeking a mentor, I now realize t...

Recently, I have had to take over my father small country store due to his health issues. He has owned the business for 37 years and everything is paid for. The business has not changed during this time and the nu...

Hello,This is my first post here, usually I just lurk so I can learn, but I am renting my first house, and I have an applicant that I am unsure of.The applicants job checked out (pay stubs and contacted employer), onl...

I have a 4-plex with 4 parking spots. People keep parking in our vacant spaces or blocking the driveway. The tow companies never come when I call them. And I'm also slightly afraid of a retaliation if I have someone t...

I’m curious what the community here has to say.

My dads in the car business and swears by leasing. I’m all about wealth building and assets and I think buying is the better option.

I’m currently torn between buying...

So I did my first flip. Worked out great. Bought it for $225k. Put another $125k in it. Sold for $450k. 6 Month time frame. Now... it's treated as a short term capital gain..... what can I offset it by? If I bought a ...

Here is the multifamily vacancy chart from data gathered and reported by the NAHB.

*in case chart doesn't display you can find it here...

http://www.nahb.org/generic.aspx?sectionID=238&genericContentID=14910...

I have three rentals which I've owned for the last 12 years.  I was able to buy them cheap and build a lot of equity which I currently gross $4,600/month and my current net is $2,800 after insurance/tax/mortgage/utili...