Hi if I am going to buy and investment property , put it under an LLC, what are the pros and cons of using a saving secured loan vs. delayed financing? The latter will have higher interest rates whereas the former has...

I'm currently using 1-800 Accountant to do my accounting and taxes. I'm curious if there's a better service that I should consider? 1-800 Accountant isn't exactly cheap and my biggest complaint is that I've had 3 diff...

People who might normally qualify for the EITC should keep in mind that as they accumulate passive rental (or other investment) income they risk losing the credit. For 2013, the amount of passive income must be $3,...

Hi all , I'd post and find some insight on what i'm doing in my venture into REI.

First off , I've been a real estate agent for a year now, which really helps me locate good deals, and also gives me a % discount on w...

Hey BP Community,Question for you all: Looking to open a Line of Credit (called a Pledged Asset Line by Charles Schwab) against my brokerage investment accounts. Does anyone have any experience with this? I opened a H...

Hello everyone!Looking for everyones great advice on here before pulling the trigger. I have a unique situation in which I leased a car (2017 Jeep Wrangler) I love it and I am looking to buy it before the lease ends, ...

Hi All,

I just have a fairly simple question. First off, landlording has been great for me so far in the year and a half that I have been doing it (knock on wood). The problem is I have not done my taxes for 2011 ( ...

Hello,I have 2 scenario's I need advice/guidance on regarding financing a 2-4 unit income property. Thanks in advance!---------------------------------------------------------------Scenario #1: 65 y/o retiree. Owns a ...

Hey all,

I purchased my first rental on my own and then teamed up with a partner (family member) and have bought several more 50/50.

I was wondering what needs to be done to sell half the one I own to him?

Can we ...

Purchased property in 2017 and sold in 2020. It was bought under my S-corp. I know that S-corps file 1120s but where does the sale of property go? Schedule D or Form 4797? What about the closing costs? I should includ...