What the chance!  The worst wildfire in Gatlinburg, TN in a decade somehow found way to my apartment buildings in downtown (near town center).  Luckily all tenants were evacuated by police the night before and no one ...

Bookkeeping questions:
I purchased a property with cash flow, according to my calculator, on day 1, but knew it was a value-add opportunity. Since the acquisition, I have done upgrades. Technically, I know that with ...

I am trying to decide whether or not I should keep a single family home or sell it and am looking for advice. Here is the background story.I bought this house as my first home borrowing the down payment from my parent...

We've all seen the models and read the thousands of articles that say not to touch your 401(k) until you need to in retirement. However, we also don't have a lot of control of how that money is invested and the accoun...

So here's the deal: I want to put YOUR photo on the front page of BP. Maybe not forever, but it would be cool to feature some BP members in front of their Rentals or Flips. I'm driving around the country right now. Ac...

I'm wondering what is the average profit per flip. I attended a RE seminar and the guy teaching the class was saying he won't do a flip unless he makes $50k profit minimum. Which sounds amazing if that is true. I'm lo...

First off, I know I should contact my CPA, but I'm trying educate myself on this matter so I can ask the right questions.

I will try to keep it simple.
"My share" of the deal is as follows:
I have a $1,000,000 Option...

Hey there BP Nation,I have scoured the forums for an answer to this question, and I have left more confused than when I started.How does DTI ratio work when you own some homes under your name and some in an LLC?My sit...

Hi all,Investing newbie here.  I'm hoping to use the BRRRR method on run-down small multi-family properties in Connecticut.  I found a duplex on the MLS that's in bad shape and am trying to estimate the rehab costs (p...

Apparently since 2012 it has not been necessary to prepare 1099-MISC's related to rental activity unless the activity is a trade or business. See this article:
www.taxcpe.com/blogs/news/1099...
What do you think - ...