I just purchased my first home back in July. I'm house hacking (I live in basement, rent out the top). I'm wanting to make sure I utilize all the tax credits I can. Does anyone recommend a tax professional in/around A...

What is the best way to manage rental income and expenses.  Should I open a bank account dedicated to my rentals.  What program do you use to manage the record keeping? 

Hi everyone,A potential tenant wants to use one of my units to live in (Montreal region), but would also operate his business from this unit. He says he would have 2 people working 9 to 5 in this unit, and wouldn't ha...

I am going to be an agent soon, and recently I came across an older person who didn't want to sell his rental because of the tax consequences. I thought I had heard on a BP podcast, I can't remember which obviously, t...

I find flipping interesting, exciting, easy, difficult, addicting and rewarding. I joined BP to gain insight into your thoughts and experiences that you share on the subject.

We have decided to not pay our condo (ILLINOIS) mortgage (currently almost 3 months behind) and accept the consequences: hopefully a short sale instead of a foreclosure. We are running an ad to rent or rent to own. ...

What are rhe consequences of NOTICE OF INTEREST IN REAL PROPERTY due to right of first refusal i have an affidavit and notice of interest  filed with county clearkthe seller of a property i rent for over three years w...

Can anyone recommend a tax professional/CPA in the Reno, NV area? Are there any other CPA’s that are recommended for a new investor?Thanks

Okay so I’m pretty new to development, and the most confusing part to me is the taxes, capital gains subject.Is building and selling 2 family condos considered under capital gains tax? How does the process work with b...

What process is it to add someone to a mortgage note, or have someone take over a note?