Hi All,

My wife and I are about to have our first child and she may not be going back to work. Simultaneously, we are about to start the search for our first home and either flip or rent after 2 years. We were going ...

several years ago my parent build a cabin in Montana that they estimate is worth and would sell for 750,000 to 800,000. This is there primary residence, and are married so they would be able to keep the first 500,000 ...

Hi all - I bought a primary residence in 2021 and I am renting the basement as a private guest suite on airbnb. I spent a couple grand furnishing it and getting it ready and the first booking was in late December of 2...

I'm doing tax planning for the next year. Looking for strategic guidance from an investments standpoint (of course I'll work with my CPA on the details)-
1. My individual taxable income in 2021 (after all deductions)...

I am curious. Typically when I analyze a property I include the usual (property tax, insurance, etc.), I was wondering if anyone includes rental income tax as an expense when analyzing a property? For example, after d...

Hi,We are closing on Friday on a property upstate that I would like to use as a vacation home and rent regularly through VRBO/Airbnb.I've read of the importance of keeping a separate bank account for our rental proper...

Good evening everyone. I'm I the process of closing on our first property through the VA. My question is Are there any tax breaks with purchasing a home. Being this will be a one year owner occupy before we can rent i...

Good Afternoon Everyone,I am very new to REI and also on BP. I am currently using the free version of the DealCheck App to analyze properties. The property analysis tool shows two different categories for the “cash on...

Hello y'all,My parents own their home, and are in their mid 70's. I have a daughter with severe special needs, so me and my parents are trying to figure out a way to generate some income and stability for her long ter...

Hey there, I’ve recently come across this concept and after doing light research I cant seem to find anything wrong with this personal finance system thus far. I got a quote to see what the cash value is year 1 and it...