I have been enjoying Rhonda Byrnes' " The Secret". The book is actually a collection of writings from Wallace Wattles, Bob Proctor, Charles Fillmore (of Unity fame) and many other greats from the human potential move...

Hello BP.I wonder is it good idea to show huge depreciation = huge loss after cost segregation with 100% bonus depreciation.My CPA  recommend not taking all deprecation  because He/she not comfortable with all the pap...

We received some heavy rainfall this past winter, and now I have leakage around my chimney.  I anticipate that it could cost $5000 to fix and I'm questioning whether to take the insurance claim (deductible is $2500). ...

Hello BP community! I am a first time landlord that owns a duplex in Denver. I live on one side and rent the other side out. After purchasing the property at the beginning of 2020, I did my due diligence to screen and...

I am considering a flip opportunity and have some concerns about the structural integrity of this 1910 brick structure. Here are some images of the problem areas - what do you guys think? Just looking for quick opinio...

Hi, BP.  We were just told by an insurance agent yesterday that property insurance for rentals does not cover burst pipes due to freezing in Cleveland area.  Would appreciate input on that.  That was new to us.   Than...

Hi BP Community, 
I am a little hazy on tax code section 179. 
I am a reasonably high income earner (W2) and gaining momentum in the RE investing world. I am looking into getting my RE license and opening up a manag...

I just received about 5 non performing notes for sale - they are in the higher $ range. The seller wants the buyer to provide a proof of funds before they are even allowed to get info on the note to complete their du...

Possible tenant has a poor credit history but has good rental history. My property needs to be rented. And no one else is looking at it. Should I rent to this person?

So long story short, myself and another person co-own a property 50/50.  We hold the property in our individual names.  We have one property and after getting a rather large CPA bill ($1600+) for the 1065 Partnership ...