Some of you might have heard of the term Infinite Banking before.  There are the naysayers like Suzy Orman or Dave Ramsey but it is a viable strategy for real estate investing.  The strategy is simple, using a whole l...

Hi BP! So I’ve tried several avenues already and I’m actually shocked I haven’t been able to find this info anywhere yet, so I’m turning to the trusty BP community.  (Disclaimer: I’m not asking for tax advice, just fo...

My parents bought their primary residence 30 years ago for 250k. It has appreciated to 1M. For the past 5 years, they've renting it out and have been living somewhere else.

They want to sell it in a way that has th...

Has anyone borrowed from their life insurance policy or used it as collateral to invest? I've had a few people that said this is a great strategy and to make sure I have the policy setup correctly. Working on getting ...

Hi BP,I JUST BOUGHT A 10 UNIT APARTMENT BUILDING!! NOW WHAT DO I DO TO TRANSITION?? I am closing on my biggest property yet (10 units) on October 15th. I am uncertain as to the exact steps to follow when you transit...

Hey Guys, I have read Tom Wheelwright's Tax Free Wealth, BP's Amanda Han's Tax Books. I love learning about taxes so I am asking for great suggestions to read; however,  I am no CPA nor do I have a degree in accountin...

Hi, I'm an ex-pat living in the UK looking to invest back home. Anyone have experience in how we're taxed? I am getting mixed information. I hear we are taxed twice (UK accountant) but I see we there is a double taxat...

Do long term or short term gain affect your tax bracket. If you want to know what your going to pay in short term gains you need to know your tax bracket, but since short term is ordinary income, doesn't that change ...

Hello everyone, I want to start wholesaling investment deals. Upon the opportunity of me locating a deal. I would offer cash buyers two options. I will sell the contract to them for X amount or become partners in the ...

Hi All! When it comes to vacancy, what are you doing with the loss for that while your unit is on the market?
For example, I have a unit renting for $950 a month, which means daily it is around $32. If a week is vac...