I dove into the IRS code today, and I think I have an airtight argument that the de minimis rule applies not only to personal property like refrigerators and computers, but also to materials and supplies used in impro...

Do you consider yourself a Rookie investor? Intermediate investor? or Expert? What would it take to get you from one experience level to the next? Why?
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Who are your FAVOR...

Hi BP,I live in California and I'm forming an LLC with another person (who also lives in California) in order to buy 5-10 rental properties (small multis) this year in Kansas & Ohio.My CPA is telling me that I sho...

Has anyone else had a bad experience with this guy?  He is another 'no money down' guy, but as a student after paying thousands of dollars, he was never available, never answered my questions, and pawned all of his me...

I am a landlord for a couple duplexes. Been doing this for about 10 years. My property management just put in a tenant in side A of one of the duplexes. I have a no animal policy (unless it's service animal which is r...

I've been approved for a pretty sizable secured loan. I read the terms, spoke with seasoned investors, and spoke with SBA. Unless I'm missing something, it seems that taking this loan is a no brainer. What am I missin...

I remember someone mentioned here that they would never rent to a lawyer for a variety of reasons.I tried to search for that thread but no luck.What about a cop, if you are concerned about a lawyer tenant would you ha...

Long time lurker, first time poster.Park is 20 Units, all but 2 are park owned.Paid 215,000The PLAN was rehab units, fill occupancy and sell the park when it was stable for around the 4-500 mark.Fully rented the park ...

Does anyone know the rules on taking out a loan as a vacation home vs an investment property? If youre going to rent it out but also use it? Is there a time frame you must spend there per year to have it be consider...

First off - Sorry about the topic, this is my first post and I didn't realize you can't correct topic spelling/grammar mistakes after posting. If anyone has any insight into how to correct it that would be great....