My friend loaned someone money for a real estate deal.  The person does pay her back and she did report the interest income.  But she wanted to know if she can deduct the principal amount that she paid to the person o...

Hi,I have some personal savings and would like to use those to invest in real estate. But instead of investing in my personal name (for obvious reasons), I would like to use a S-corporation that I have formed to do th...

Looking to connect with an experienced CPA who has experience working with private money lender's. I work with Private Money Lender's to acquire multifamily properties at a favorable basis as an "all-cash" buyer. I th...

My wife (a realtor) and I have structured our entities so that we have a partnership on top, below that several LLCs, and each LLC has one or more rental properties. Used to have five rentals, now down to three.We now...

Good morning everyone! I was wondering if I’m looking for more turnkey properties what would interest people into being a cash partner with me? Like since I’m not adding value to it I can’t just refinance and take the...

Hi, does anybody have suggestions for the best way to minimize taxes for this? My parents have a rental property, owned free & clear, that they want to sell to me. They want the money as a lump sum instead of mont...

Hey guys , I’ve never heard anyone mention this and I was wondering if there was a reason why. How come landlords that own rental properties don’t put solar panels on the roof to get the tax credit and also save the t...

I just looked got information on a website at sherriffs office while i am at jury duty. I live in St Louis and went to website and saw properties listed with the name of owner , address , and taxes owed. Can i purchas...

Hi BP Masterminds :)

My husband and I will be refinancing our first rental property. However, we are not sure if it makes sense to do a 30-year or a 15-year mortgage. We really like the idea of owning the property ou...

Hi All,

I'm Porfirio Ciaccio, 24 years old, and a recent college grad. Right now, I’m renting a studio on Miami Beach for $1,750 a month, and it hit me—what if I just bought the property I’m renting? At least part ...