House costs $55,000---needs a new roof and some sheetrocking, gutters and paint (approx 14,00-$20,000) . . Taxes are 5,500 a year and insurance may be another $50 a month. Average rent in that area is $1,100- 1200 a m...

Can you wholesale a mobile home the same as a regular property?

I'm not sure if it would be more beneficial to keep all money earned from wholesaling properties separate from my income from my everyday job. Just looking for some advice on what the better play is with that.

`What would you do in my situation?
Invested my Roth SDIRA in a self storage deal 4ish years ago. The deal has gone well and a sale within the next few months is likely. My proceeds will be in the low six figures, I ...

Hello,
I reside in the Bay Area and currently, I do not own any domestic real estate properties. However, I have a home in a foreign country, for which I took out a loan to finance the purchase. If I categorize this ...

Hi guys, I have consulted a couple of asset protection/tax professionals and each have different ways of trying to structure my asset protection/tax strategies, which made everything more confusing.

1st scenario is t...

I am at the very beginning stages of entering the investing world I have been self educating through books the forums on this site and others and I on average listen to two podcasts a day while at work for the past fe...

Hi all,I am looking to set up a self-directed IRA with money transferred from a previous employer 401(k) to invest in a duplex in OK. The purchase price is $250K and I would be going in with a partner, likely by creat...

Hey BP fam,I love living in San Diego. Friends, family, surfing. BUT, as I've heard "Hate Taxes? Love Texas!"1.) Could I buy a house in Austin, rent out all of the rooms except my room, and change my residence to TX? ...

Hi BP,Help!!! My tax person is saying I need to file for an extension.  We have an LLC and I'm under the impression you file with your 1040 and have until 4/15/15.Does an LLC have to select an S or C Corp when filing ...