Hello All, So i am in this ever learning adventure to better my investments, i recently asked about managing the properties myself, i have always hired PM in the past so far and one very detailed post mentioned that s...

Hi all,I'm currently living with my father in an apartment in the Bay area, California. I'm quite interested in closing my first deal for a home, but am at a crossroads. I only personally have around $10k in savings, ...

I have some fun accounting questions I'm hoping someone can answer.

So I'm pretty sure when I purchase a house to flip, it is recorded as inventory, then expensed as cost of goods sold when the house is sold....

Hi All,I want to confirm if I understand tax implications of a rental property correctly.  The biggest confusion point for me is if rental income is taxed on gross income or net income (I think it's gross?)Here's an e...

Hello ALl! first post here... My name is Adriana Vergara, I´m 35, single, no kids. Journalist background (worked in CNN for 8 years) I Now I have a soccer school in Atlanta GA, and also I became an apprentice in real ...

Furniture for Sale From Luxury LLC Corp. $1.

Sorry to tell all the cottage industry attorneys and gurus on BP that owning or vesting in a LLC no longer keeps your identity secret. It really never did. If you appl...

I use Quickbooks Desktop Pro for accounting with my properties. I was wondering how you setup escrow type accounts for things such as putting aside money for repairs, capex, vacancy, property tax, etc. I do not truly ...

Hi BP Community, 
I'm at a point in life where I'm considering getting a financial advisor to advise me on the science behind portfolio construction. I very much enjoy managing my own money, and I'm above average whe...

I am trying to get started on real estate investing out of the Chicago area. I have be under the impression that using your home address to start a business entity is not the greatest idea. I've read in multiple artic...

I may have the opportunity to purchase a 4-plex in my desired area. When I spoke to the owner on the phone, she expressed a desire to avoid capital gains taxes.She has owned this place since 1975, when she paid $67,00...