Hi! I am a newbie ready to invest in my first multi family in Bronx, NY. There’s a question I have in my mind that I would like to ask the experts. So here’s the scenario. I am planning to buy a 3 family. The properti...

Hey everyone, this may be a silly question with an obvious answer, but is it possible to use my Real Estate LLC as my 1031 exchange qualified agent?

I’m hoping somebody can help me solve this financing puzzle. Here’s the situation:1) we currently own two profitable airbnbs 2)live in a primary residence we want to turn into an Airbnb but this property does not prod...

Hi Experts,When a rental property is acquired on a holding company name but the daily operations run through different operating company...can one take the depreciation or bonus depreciation as ordinary income (loss) ...

This post relates primarily to California:

Hard money loans are often made at rates that exceed usury interest limitations. On hard money loans, California trust deeds can be exempt from usury interest limitations u...

Hello all. I started wholesaling a few months ago and am on my way. My first 2 deals should close this week. I have been sending out about 500-600 yellow letters a month with about 15% return. I am using the most ...

I am wanting to transfer my 401k to a self directed 401k. I am having issue finding a CPA who is well versed in all the nuances involved in this. Any BP members who know of a Central Florida CPA who is a pro at real e...

I am going to buy a property in Arizona. I can buy it as a second home for 20% down, then rent it out weekly. My bank will allow it as long as I live there part of the year. Or, I can buy it as an income property w...

Hey BP friends! I am considering selling my STR SFH (3/2 + 2/1 guesthouse) property and open to seller-financing but I'm hoping one of you experts out there can help me take the right perspective. I owe $600k on a $67...

Hello BP,If I take a HELOC on my personal residence, can the interest on this loan be tax deducted? The funds from the HELOC will be used to purchase additional investment properties.Thanks