Are the books and membership bought from either BiggerPockets or any other site considered tax deductible if you are using the books to help educate you to build your business or entity?
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Has anyone here used Monarch money? I've heard good things, but assessing if it's worth the $100/year.
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I've got a local private lender who wants to do a joint venture with me to fund a NPL. He's funding the deal and expenses, I'm doing the diligence, acquisition, workout, etc. We then split the profits. This may turn i...
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My wife and I are partners in an LLC that just sold a flip. The expenses were paid from the LLC account for the 14 months I worked on the house. The house was in my name, not the LLC, so the settlement proceeds had to...
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Hey everybody. I bought a property in my LLC recently. Original plan was to fix up, rent, get some tax savings, and refi. Turns out the house is in a great part of town local to us and we see ourselves living there. T...
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Hello,I was wondering if any of you have had a situation like this arise. I own a college rental property with 6 students renting for a yearly lease. They came to us as a group of 6 and signed the lease without ever d...
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It's been a long road, but I've finally paid off one of my mortgages TODAY.The good thing about this loan is that I took it over "Subject to" many years ago and the owner of the loan had already paid it down some(the ...
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I keep seeing these Investors advertizing that you can start wholesaling/ rehabbing with NO money and/ or bad credit ? I don't want to pay for these courses only to use up what money I do have to line their pockets. T...
Hey BP,What are today interest rates for an investment property under a LLC?
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Good Evening BP people,I need some advice. In a nutshell mother, two brother and I have decided to create our own REI company. The partnership agreement has been drafted. We all will own 25% of the company. When we fi...