Has anyone ran into this problem and if so what did you do...I am trying to set up an LLC for our rental in Wisconsin. The rental is in Wisconsin but we are not. When trying to set up the LLC the department of finance...
I see a lot of investors get excited about depreciation because property values usually go up, but investors can report they went down on their taxes.I am skeptical this is actually an advantage.For example, commercia...
The quote in the title is from The Associated Press in 2016. Apparently, the government will release redacted DJT taxes soon. I don't know much at this point other than what NY Times wrote about in this article THE PR...
Hi there -Sorry if this is a pretty broad question but we're just about to get started in REI and after reading a lot about the topic - and listening to a ton of episodes on the BP podcast - we're currently figuring o...
Hi,I am relatively new in bp but from what I have gathered, it seems like a big family with the same common objective “financial freedom.“ It is full of great videos and amazing people sharing their knowledge, and eve...
What is it? What service does a wholesaler provide? How do they take their profit? Is it just a legal loophole alowing the wholesaler to act something like a Realtor?
Hi! I am pondering the idea of starting a short term rental management company. After doing some research, I realized that some states require a license in order to be a property manager. How are people getting around...
More tax news out of Washington. The administration announced doubling the size of the IRS over ten years. This reverses the trend during the last administration of reducing IRS staff and scaling back the number of au...
Hello BP community,I own a 2-fam townhouse in PA. The upstairs tenant moved in about 2 years ago and since obtained a pitbull. The HOA has dog size restrictions and this pitbull does not qualify. A neighbor recently c...