I'm an active investor, but I don't qualify as a professional REI.  I'm trying to understand what types of business related expenses I can deduct.  I have created an LLC that I will be using to buy my investment prope...

You know what bugs the Dickens out of me!? What I just don't understand? It seems like every home i have ever purchased or rehabbed has had this Problem. I know its all just a conjured up marketing trick thought up by...

I am always thinking of the long term.  I only have a few units now but my plan is to buy one unit every year (by doing a cash out Refi from the previous year).  The idea is to purchase enough units to suppliment a co...

Heard from an owner whose former girlfriend got a judgement against him in 1980 for a house he bought as a single person in 1975. The former was awarded 20% of the house. A few years ago that 20% ownership was quit-cl...

Hello BP,Short version: anyone know the tax/banking/currency consequences for investing outside the US? Or where I can find this? (obviously find some international tax attorneys/bankers, but hoping for some friendly ...

Are there any cities out there that are explicitly AIrbnb-friendly?

Good evening BP!Have you used a VA before? If so, in what capacity?  I am a real estate broker, investor, property manager, which makes for a challenge with "time" spent on administrative items.  I can't even imagine ...

Hello BP-I purchased a home in Truckee, CA with the Intention to Rent out the property on an STR basis.  The town requires an STR permit before renting and they limit the number of STR Registration Certificates to 1,2...

Following my fifth birthday, I counted my $130 of birthday loot countless times. I would neatly organize the beautiful bills and carefully place them in my Detroit Red Wings tri-fold Velcro wallet. The day after my bi...

Last summer my rental in Maple Valley was worth about 450K based on comps. Then it went down to 425K. Even houses 5 doors down that were the EXACT same floor plan and age in the same subdivision were selling for 425K....