Hello,I am recently get involved with a fix and flip (my first one). The property is in my name as we plan to live there while we renovate. I was wondering if there would be any advantage creating a LLC or business to...

I have two questions regarding mortgage interest tax deductions.
First, last year, I purchased a HUD property at a significant discount and used a $70,000 HELOC from my primary residence for the down payment. I under...

TL;DR Matt Motil is a fraud. Do not invest with him.
Warning, this is a long post. My purpose here is to save some of you from the experience I now find myself in after providing a short-term loan to Matt Motil of C...

Upon joining up with Bigger Pockets, I logged on to see an advertisement that said "cold calling is dead" that was advertising a book. While it looks attractive, the data simply doesn't support this proposal. In a...

Hello BP,I'm considering refinancing my rental properties and was curious if anyone had any input on the situation...I own a vacation rental free and clear which is worth about $500k and brings in roughly $10k a month...

Hi all ,

Would you take someone from Marijuana conviction from 7 years ago as tenant ?

When they say Marijuana conviction means he smoke marijuana or could mean he was selling it?

Is easy to get rid of marijuana sm...

Hello BP, I have a question on what to do in the scenario where I have an unmarried couple that I would like to rent to. Problem is, that one of them makes most of the money of their combined income. My concern is tha...

Hello all.  Has anyone actually used Stessa?  It was advertised on the last episode of the BP podcast #295.  I have 1 property as of now and have been doing little to nothing to track income and expenses.  Need to rem...

I've read a lot about the asset protection plan of buying a property in your personal name with conventional financing, then quit claim the property into their LLC.  My property manager told me he's seen people do thi...

This is a post meant to stir general conversation with other business-minded people about finding and working with professionals that focus on our wealth planning, taxes and related areas. I'm involved in multiple thi...