Over the past five years, significant changes have occurred in the realm of self-directed IRAs (SDIRAs) and Solo 401(k) accounts, particularly following the introduction of the SECURE Act 2.0 in 2022. Consequently, he...

Those of you that are self-employed and therefore responsible for withholding your own taxes, how much of your earnings do you stash? Are there any strategies you use to earn a decent (but safe) return on the money yo...

Question for the folks of BP for a project of mine. Are you filing your taxes using cash basis or accrual accounting? Bonus points if anyone knows data on how many non-employee businesses use cash basis vs. accrual ac...

Has anyone gone through the process of creating their own LLC in the state of Michigan? I want to hopefully do it myself and not have to pay an attorney since at this point I only want to lock up the name and once I f...

Hi Biggerpockets, I need some clarification on what the lending company is going to really charge or better yet on how to do the Proper Math! 
On the contract it says the following:
The applicable annual rate will b...

Hi, I’m a newbie who is thinking about upgrading to the pro membership in order to help with my real estate investing business. I’ve attended a few webinars and recently toyed around with the rental property analysis ...

Hey Everyone! My Fiancé and I are looking to purchase our first house shortly after our wedding in June of next year. We are pretty confused as to everything that goes into buying a first home, and what we can afford....

Purchase price- $22,000
Taxes- $365 annually
Insurance- $250 annually
Repairs- $4,000
Rent- $500-$600 month
Property management- 10% of rent
Planned repair cost- $1,000 a year
Months not rented- $750 a year

Good d...

What have you done to make the most of your retirement accounts (401k, IRA, 403B, ESA, etc.)? I recently converted an old 401k that wasn’t doing much for me into a self direct individual retirement account (commonly r...

Wanting to know how my rental properties purchased years ago are doing considering today's market. Do I calculate this the same way as buying now, with a cap rate -- even though I have all the actual numbers?