My tenant notified me of a backed up toilet. I called the plumer who attemped to snake the toilet but was unsucessful as there was something stuck in the toilet so firmly that he was unable to move it. We ended up hav...

We own and self manage three rental properties. Two of them are in Kentucky and one in Florida. We would only plan to manage our own properties.Would there be any tax advantages to starting our own property management...

I'm working on part of an investment strategy and I'm curious about having one more valuable property that, either through a large down payment or BRRR method comes in at 70 LTV, versus using creative financing to hav...

Hello everyone.I'm trying to breakdown how an IRS 1031 extension notice applies to a 1031 exchange. All help is greatly appreciated. Facts- Property Sale/Closing date: October 21, 2024- Property Location: sold in Miam...

I am graduating this May with a degree in Mechanical Engineering. I am currently looking for a full time job in North Dakota, South Dakota, Nebraska, Iowa, Minnesota, and Kansas. Currently I have a strong lead on an i...

I live in SE Rural Iowa.  My market here is small, as my village is small.  Yet I have found my first investment property that I am willing to make an offer on.  I am delighted to have stumbled over the BP website.  I...

Hi everyone,I'd like to get my ducks in a row and getting the LLC is one of those ducks.  ;-)I'm in CO and have another LLC for my real estate media business, and wonder if there is anything different I should be awar...

hey guys -- here's one: - I live in a multi unit property (4 units) and would love to make an offer to acquire it from my landlord / owner- I have a single owner S Corp that does well, I pay myself a reasonable W2 sal...

At what point in your RE Investing journey did you hire a CPA to do your taxes? At one rental? At ten rentals? After creating a business? Trying to determine how much longer I should do my own taxes. Thanks!

My daughter travels with work.  She is thinking of renting out her house for short term rental while she's gone to make up for some of the costs of being gone (she has some special need dogs that cost more to board). ...