Hello I have a lead on a house I'm looking to buy long story short the house has gone into Pre-foreclose and now has an assigned trustee.. I now suspect the house will go through probate even tho no aires are interest...

Does anyone have any experience using oil and gas tax deductions (Intangible Drilling Costs: 100% tax deductible during the first year and tangible Drilling Costs: 100% tax deductible) to reduce tax liability against ...

My father passed and his trust became irrevocable.  My 2 siblings and I now have separate trusts derived from Dads (we all get a K-1).  I want to use some of my inherited funds to start doing some PML and EMD but I do...

I am working on a 5 year plan to move to the East coast and slowly unload property here in Illinois. I have spent the last couple years taking a lot of mini vacations and am highly intrigued by the Chattanooga area. W...

Hey BP Community!I am a brand new wholesaler from Phoenix, AZ. I sent out my first round of 525 Yellow letters to Absentee Owners a month ago and only got one call back. I have attached a picture of one of the letters...

Hi,As i’ve had a discussion with a lot of people about investing in California and most of them are saying that it’s difficult for a property to produce cash flow there and the market is Always very expensive there so...

We have 2 W2s( Me+ Spouse).Have a primary residence SFH and 2 rentals.I have around $40K of rental income after all the deductions/depreciation.This time I used a CPA and I am a sure he tried his best to get all deduc...

Hi All,
I know this question probably comes up often, but I wanted to ask: if you're using QuickBooks to manage your rental properties, which plan are you using?
Currently, I'm managing 17 units using Google Sheets,...

Hi everyone! Just started my first W-2 job out of college and getting into real estate. Currently living in Los Angeles but I visited San Antonio for the first time in many years, and it definitely seems much more liv...