Trying to assess whether we should buy a car or lease a car. Breakdown of our current situation:1. we have one car (only need one car)2. we drive less than 10,000 miles a  year3. we use the car more than 50% for busin...

I am currently looking for my first rehab project and had some questions on the accounting process. I am assuming that I will need to track the amount of money used for the repairs, holding costs, realtor fees, etc i...

I am looking to invest into my first tri or quadplex to start off my REI.
Since I want to buy a property in CA with less than 20% down (VA loan, no house hacking), I was just looking to build equity on the property e...

Hi BP, I'm considering selling off my small portfolio of 3 SFH's and moving the money into either a Delaware Statutory Trust via a 1031 or just selling and paying the tax and then reinvesting the money in a syndicatio...

Has anyone used Prime Corporate Services (PCS)? My partner and I set up a legal entity with them and are considering using their tax services - one time set up fee of $3k and $65/month retainer which includes annual K...

I love maxing out our tax-advantaged accounts (my 401k at work and Roth IRAs for my wife and myself).  Usually we have a few thousand dollars each year to invest after we max out these accounts (and it usually just go...

CT has one of the highest property tax rates states, and also high car owner taxes. Why do investors still invest in properties in CT despite higher property taxes. Aren't these higher taxes cutting into your profits ...

Hi BP Universe! I'm in my mid-50's and just starting out. I have a small 401k of around $20k. At this point in my life, I see little opportunity for big growth in that plan. My question is, would it be wise to close...

Hello, I am an IT Entrepreneur, IT Consultant and a part-time real estate investor, just signed up with BP, bought a brand-new condo property in Irvine CA 2 years ago in zip 92618 (educated myself on everything by tal...

If you are middle class in America and you depend on W2 income for a living, the chips are stacked against you.1. Why are Americans who work for a living taxed more than investors who live off of their investments?2. ...