Hello BP family.I'm here today with a tax question relating to the sale of a rental property.I have a property under contract right now, my sale price is right around my cost basis.For depreciation recapture, I unders...

Hello again everyone, and thanks in advance for putting up with all the newb questions! My wife and I moved into a 2007-built home in a newish (post-2000) subdivision about this time last year with the intent of stayi...

We are looking to purchase our 1st investment property. As I'm learning more, I want it to be a 2-4 unit multifamily home that we would "house hack." We don't have enough savings for a down payment in Chicago (city pr...

I acquired a house by a Sheriff's Deed at a tax sale for unpaid taxes here in Texas.  It was not a homestead, which limits the redemption period to 6 months.  As a homestead in Texas it is 24 month redemption period.Q...

I live in California and am buying a rental property in Oregon. I need to know if I should start an LLC for this property in Oregon or in California? How do I navigate taxes on this property between the two states, I ...

Hello BP Family!After listening to multiple podcasts and reading books it seems like the BRRRR method is well received and makes so much sense because it allows your money to go further.My question is it tougher to do...

Is anyone using a Solo 401k or other retirement vehicle to purchase REI? Let’s hear your success stories and advice. 

Hey BP!I'm in the process of buying a 1st DOT on a property that has fire damage. The property is riddled with multiple liens and has 75,000 in back due property taxes. It also has some government tax liens ( IRS ) in...

Hello BP community! What are your thoughts on using your own name, or nicknames in your LLC company name? I've heard mixed responses. 

New member here and interested in short term rental opportunities in the northern New England market.  I'm currently living in Atlanta, but would like to move back to New England to begin this new venture.  I'm lookin...