We have been renting a house in a small town for the past three years. Our landlord has told us he is planning to sell the house so we have the first opportunity to buy it from him. While we don't know for sure that...

I am in the middle of purchasing a duplex in order to house hack. Should I set up a LLC to collect the rent payments? or should I just collect them in my name?
Will the LLC give me any tax benefits or anything?
I p...

Wife and I own our home in MD and are looking to move to a nicer coastal area fairly close by. Our home could likely sell in the 500k range and we would upgrade to a home in a nicer area in the 700k range. We could re...

I use Quickbooks Desktop Pro for accounting with my properties. I was wondering how you setup escrow type accounts for things such as putting aside money for repairs, capex, vacancy, property tax, etc. I do not truly ...

I have a friend who recently become a REI when she moved from Austin to San Diego and started renting out her SFR.  I am looking for RE CPA recommendations for her as she is wanting to make sure to protect her assets ...

How have/would you structure your business setup with you/spouse partnering with your colleague/spouse who are in separate states (all in one LLC, or two separate LLC's that each take ownership in a property)?What is ...

Hi BP, 
I'm nearing closing date for a 16 unit complex. I'm entering into the contract as a tenancy in common with my business partner with plans to switch into an LLC myself soon after and then have my business part...

Hello Everyone, I am new to BP and currently trying to go through the entire podcast series. I have a single family which I'm renting out through a Month to Month agreement and have had it rented for 1 year so far. Th...

So, my tenant quit her job (not lost) and is now unable to pay rent. She has said she will move out by Oct 1st. There are several more months left in her lease. I am ok with letting her move out, but if there are dama...

I just purchased my first investment as a house hack, with the intent of living there for a year or two, and I am seeking clarification on a few things relating to the accounting side of this. The property is a 3-unit...