I own an insurance agency and over the last 13 months I have bought, rehabbed, and rented 5 SFR’s... I actively manage the properties and I run them like a business. I meet/screen prospective tenants, I cut grass, pai...

Closing tomorrow on a 5 plex in Superior WI. In the past, my old CPA told me a cost seg study wouldnt be worth it on a commercial building I owned that was only 295k. His reasoning was the amount I would save would be...

I'd like feedback on a BRRRR scenario from folks who are in the know about taxes related to capital gains.  Let's say you buy a property for cash in an LLC, taxed as a partnership (you have a 50/50 partner).  It is bo...

I was wondering what most people were using to track the tax liens that they have purchased?  I wanted a system that alerts me to redemption periods, calculates returns, ect....  I know there was a post approx a year ...

Dear Washington state wholesalers ,  I was just reading through the RCW on excise tax and found this little nugget below (RCW 458-61A-104 para (1)(b)).  Can anyone help me understand paragraph 1(b)?  It seems like if ...

I invested in tax liens in a Louisiana parish two years ago, and today I received a certified letter from an attorney representing the city.   The letter indicated that the property is "unsafe and dangerous under the ...

Hi everyone,Starting in May I'll be able to contribute to my day job's 401k; up to 3% will be fully matched and then 50 cents for the next 2% (I plan to fully max out).  I will become fully vested I believe too.  I do...

I think there are a lot of great discussions to be had around Podcast Episode 689. @David Greene and @Robert Abasolo brought great discussion and tons of tips! With 2022 coming to an end, I know I'm looking for ways t...

Hello BiggerPockets,Basically we are looking to upgrade our current home to buy a single story home from current two story home of the same size in the same city san Jose. We are aged 55 and 50, we expect to work at l...

Good morning,My husband and I recently purchased a new home a few miles away from our current home.  We are deciding whether to sell our property or to turn it into a rental.  Input from savvy long time investors woul...