Hello everyone, I'm brand new to BP but have been listening to podcasts and reading recommended books on investing for a while now. I am going to be completely candid in this post so I can get some specific help. My f...

Hello everyone, my name is Wayne, I live in Michigan,  and I am a newbie to BP.com.While a newbie here, I do have some experience in the real estate game.I have two SFR condos rentals that are doing quite well at appr...

Hi all!I'm doing a bit of research of RE Investing and wanted to get some feedback.What are the top 5 things you are looking for in your investment property? Please clarify if you top 5 is a rental or a flip. Thank ...

Hey BP geniuses!   This is likely a simple answer, but I just don't know it yet.  I'm wondering if the 1031 exchange gods and/or goddesses of the universe allow us to sell a SFH (with a garage apartment, but zoned R1)...

Hello real estate investors community.  My question is about how fix and flips are taxed.  It seems like everyone talks about turning properties as quick as possible, however it's my understanding that if you turn it ...

I am currently house hacking and renting out a couple bedrooms to some Navy friends but do not have them under a rental lease, however, I collect rent on a monthly basis. I am not sure of how this will affect my taxes...

How much cash is needed for a deal?Has anyone sold off some of their rentals to get into that space?

Hello! I know there are a lot of topics on whether to report Airbnb income on schedule e or c but it still seems like a grey area still. Most resources say Schedule E however other resources say that if the average re...

Hello all,

I currently have sufficient income through my small business, good savings, but lack of taxable income and credit due to being self employed (taking deductions) and being 19 (lack of credit history...

I'm thinking of purchasing a property in Louisville, KY, but I am an out-of-state investor.  How much does it cost to create and maintain an LLC in the state, or is it more worth it to create one in my state and then ...