Hello BP,I have a question for everyone who has experienced a market decline in their local area. Say I am investor with 20 units and those buildings decline in value by 50% over a short period of time. What happens t...

I read recently, Forbes I think, that his move to LA brings in 400 million new cash and 3000 jobs. That is insane and does that mean Cleveland loses 3000 jobs...or did Cleveland see any economical impact when he came ...

Hi,

Can one of you walk me through how taxes work on an investment property?

Let's assume the following. 50k property.

Income - PITI = $910 in cash flow for the year

Rental income - (Intere...

Any one have experience with deducting rental expenses against ordinary income (not just rental income). I know there are rules regarding active versus passive investing and there is a cap (MAGI) but if one is over th...

I am looking for some advice. I am currently selling my primary residence that I have not lived in for a full year yet. The Escrow company says that it doesn’t qualify as my primary residence because I have not lived ...

I ‘m looking to dive into the multifamily market, I’ve been doing my home-work and I’m working with a realtor…I have lots of questions. Here is my first.
If I am using the 50% rule to quickly evaluate operating expens...

I'm a physician with a fairly high W2 income (and thus high tax liability). I've wanted to get into real estate for a while as a means of diversifying my assets and reducing some of my tax liability. I'm facing a $280...

I wanted to know if someone could help me with a question, I have a rental property in DFW TX that I want to lease, but in the past many of my tenants that I have had have problems with renting because they don't have...

In the ideal circumstance the title of all your properties will be under a corporation and all transactions and deductions under the corporation so any profits or loss will flow to your personal incom.  However, since...

I am yet to make my first investment- but have been doing my homework and saving, and I'm "almost ready". I work in a secure, full-time employed position, and I love my job. To be clear, I do Not intend to quit anyti...