Hello BP Family, I was analyzing a triplex that are two separate buildings in a double lot. The question that came up was that if since the two buildings are detached shouldn't be double spending in comparison with a ...

Potential rental property. It is a new build townhome in Houston ~1700 square feet. The location (schools, restaurants, crime, etc) is decent but nothing too promising in terms of appreciation (3% annual average) Here...

I need help bad.. I'm buying a home that I plan to demo and built on the lot. The home is inhabitable with no water, electricity, dog feces, no appliances, holes in the ceiling, rotten siding, & a lot more- Its a...

Hello everyone,Interested to see what are some good ways to increase deductions in order to reduce taxable income. I am already acquiring one more property, but looking to see if anyone has some creative ideas out there.

Hello,I have a newly-purchased residential rental property, and I'm just now setting up my financial tracking for it.What's the correct number to use as the original cost basis, for depreciation purposes? I'll be spli...

This is a question of writing off everything on your taxes for that big tax break vs the ability to get approved for a high loan amount.

I have a really good W-2 job in addition to my rental properties. Last tax se...

Married couple filing jointly has taxable ordinary income of $30,300 and long term capital gains of $100,000. How much tax is owed on the gain?A. $0 because taxable ordinary income is below the threshold level of $75,...

Hello all!  Just finding this site.  We have had some really mixed experiences this year with inconsiderate guests, and we have been playing around with the deposit vs insurance.  As most would recoginze, most guests ...

I haven't found much direct info on the benefits of investing in properties located in states like Texas, Washington, and Nevada. I assume there must be positives even though I am a resident of CA.Would REI in these t...

SCAM !!! BUYER BEWARE !!! - RIP OFF !!! I purchased this course and paid extra for a monthly consultation with Bill Vaughn. Here's how the first conversation went:I spoke to Bill on the 20 minute phone consultation. I...