When converting a property from personal use to a rental property, I understand you use the lesser of the adjusted basis (AB) or FMV. I've looked at comparable sales in the neighborhood at around the time of conversi...

Investment Info:
Small multi-family (2-4 units) buy & hold investment in Milwaukee.
Purchase price: $187,000
Cash invested: $10,000
I purchased a duplex in Milwaukee and lived in one half and ren...

I just purchased my first property yesterday at a tax deed auction. I always thought I would buy, then sell for a profit in the same tax year. But since it won't be sold until next year, I need someone to explain to m...

My wife and I currently own and occupy our first investment property, which is a multi family in a pretty popular part of Portland Oregon. We have owned it for a little over a year, and have roughly 200K in equity th...

Hi All,I am looking to form a single member LLC for my home flipping business but I wanted to know if I can use the same LLC for my "buy and hold/short term rental" business?

Greetings,
My wife and I are just getting into real estate investing. I am retired and working on career #2 and 2 of 3 of our kids have left for college - our oldest is headed to UConn for her PhD (6 years) and inste...

Hello, I wanted to find anybody who has personal experience in wholesaling in the Los Angeles area. If found a few videos on YouTube of success stories and wanted find a mentor or somebody to guide me int eh right di...

According to people who study the stock market, there is a common theme, "buy the rumor, sell the news." What does this mean? As people look at market trends and when to invest, there are certain signs that can get yo...

Hi All,Newbie here, just a quick question we are building an addition on our second home, we have a primary residence, and two rental properties. We are trying to not use our retirement funds. Are there any strategies...

I am new to BP and I am thinking about buying a new home and renting the one I am living in currently. I have never rented a home before and not sure of how to go about it. Any information I can get would be helpful. ...