I have been an independent contractor for 7 years. each year i write of most of my income. i never realized until recently this severly limits what a lender can give you. should create an llc or some other identity an...

Hello BP community,I am posting this thread to gather information on Seller Financing transactions! I am looking to gain as much information and education now, so I can prepare for this possible scenario. I am looking...

Hi BP Fam,
This is my very first post! My wife and 2 kiddos were lucky enough to start building a home in Austin, TX before the big boom this year.  We love the area we are in, the schools, community.  However, we ha...

I am new to BP and to real estate investing but I'm ready to jump in! I've been preparing myself through reading, listening to podcasts and meeting with successful real estate investors in my area and I had been plann...

So far I’ve posted questions in three different categories over the passed few days and haven’t gotten a single hit. I’ve seen general questions get over 30 replies in under 8 minutes. Am I doing something wrong?

We are about to move out of our home and rent it out.  If we want to fix it up (replace stove, microwave, A/C unit), are these expenses tax deductible while we are living here?  Our first tenants move in next month.  ...

 I live in california and have been speaking to my CPA about creating an LLC for purchasing property. He advised against in for properties in california because of the associated costs/tax with little extra benefit. I...

I am in the process of looking for some smaller multi-family properties (4 to 12 plex) to buy.  In one of my "farm" areas in Iowa, anything over 3 units is typically taxed as commercial.  Here are 2 examples of the c...

hello,I'm 25 years old. Income is about $4,200 a month after taxes. After contributing to 401k, car, helping parents  I'm saving $1500 a month.I have $20,000 in student loans.$8000 is at 4.4%$12000 is at 3.6%I have be...

My husband and I purchased our first flip house from the bank in January. We had a contractor in place that walked the property with us before we purchased. Once we were ready to start on rehab I asked the contractor ...