I'am relatively new to USA flipping business but have a strong experience in other countries with a different kind of accounting/tax systems . I have looked through the search but have not found something correspondin...

I'm working on my tax return and ran into difficulty. I bought a used skid steer in 2018 for use on my rental properties, cost $6000. I have three residential rental properties in service and one I am currently renova...

Hi everyone,

I recently purchased my first duplex with an FHA loan. I started to put together my taxes and ran into a few questions.

1) During closing I paid an FHA premium up front is this deductible in the curren...

Are there any investors out there investing into Opportunity Zones in California?My company submitted several tracts in San Bernardino that were approved by the government and we are now focusing our efforts to buy in...

Brand new to BP.  Have been wanting to get into STR up in Frisco or Breck.  From the area but living in Cleveland now and looking for a way to get back for 1 week in winter and summer seasons.  Every place I look at s...

Hey BP,we all have witnessed what happened during the financial/subprime crisis and how RE prices crashed in quite alot of places around the globe. As it stands right now, we have a) the lowest interest rates ever, b)...

Before my husband and I got married, he bought a 2 bedroom condo in the Irish Channel right off of Magazine in NOLA. When we moved away, rather than selling it, he has been renting it for $1600/month.  We don't have a...

We are about a week away from closing on our first rental property. A duplex that is fully rented. Looking for some advise on how to make the transition as smooth as possible. in the process of drafting our letter to ...

Hi Guys, I'm from Ontario canada and I'll be closing on a property in New York in the next few weeks. I'm not renting the property. It's going to be a second residency. It's less than $200k. So the question; what is t...

I have wonderful tenants and their lease is ending on August 31. I want to renew at the same terms of the original lease (which was created and provided by my realtor and I dont have access to that document now). Tryi...