I’ve asked this question to a few people who know the BC landlord-tenant laws, but I’d like to broaden it to a larger audience for more input. I’m asking for a relative that lives/owns rental property in BC, Canada. I...

Hello BP community.  I have 2 rental properties. One shows profit, and the other shows a loss. My accountant says that I can't deduct the losses because the "standard deduction" is higher than my losses. So there is n...

Okay first I want to layout the situation I have questions about, questions at the end. Sorry if its long, those that read it all and respond, I thank you in advance! My husband and I have always been interested in bu...

Hi there!  This is my first post but long time listener to the podcast. My wife and I are having a hard time deciding on whether to sell our home and take a massive tax hit. Or keep it and cashflow it. It is a single ...

So as I continue my research into RE I see a relatively common theme. A lot of people say to get a Business card and have some on you at all times to give out. Since I am a newbie to REI and I have not done any deals ...

Hi All,I singed a contract last week on buying a lot of land. When I was talking about it the guy who flipped it to me told me that previous buyer backed out because previous buyer could not get title insurance from t...

Hello BP community, I have a bit of a tricky situation and am hoping to get some advice on how to best proceed with my first real estate transaction.  I have recently put an offer on a multifamily property that I had ...

How do you handle this question? When friends or family find out you are an investor, this is the first thing they want to know. It's like asking someone how much do you make a year.

I understand their curiosity but ...

How do you guys recommend setting up property operating accounts (e.g.; checking) for multi-family apartments?  Do you have an operating checking account for each property? One account for all your properties? #AskBP

Hi everyone,I've found several investors interested in apartment communities, about 720k worth. I've been talking with syndicators who offer GP membership in exchange for bringing some of the investment capital. One p...