Afternoon,I am the classic definition of new to this market. I want to start building my door portfolio and become financially free for the future I have set for my family and I. My question is, I currently do not o...

Totally new to BP.....Thanks in advance

I'm a dentist in NYC, I've always loved the idea of retiring in Phoenix and recently owning property for rental income and appreciation. So late 2012 we finally found a place, ...

Hi all, I need some advice as i am getting conflicting info from my CPA/agent/cost-seg companyI have 2 w2 jobs and 4 1099 jobs (all in same line of work). I will work close to 800-900hrs in 2021 in all that work combi...

I own a property that I bought for $55,000 in cash and put another $25,000 into fixing up. I believe it will appraise between $90,000 - $100,000. I bought it outright and don't owe any money on it. I would like to get...

I officially started using quickbooks to help organize my accounting.  I wanted to share with you how I set it up, and was looking for feedback on how others may organize/account themselves.1. I added my business bank...

I just finished reading The Fair Tax Book by Neal Boortz. It seems too good to be true but let's say it is accurate, it seems like now would be a fantastic time to force the issue when we've got such a gigantic defici...

In my search for private money , I have heard there people use SDIRAs to fund real estate investments and be in the first position.I wanted to know what are the pros and cons of using SDIRAs for fund Real estate?

Hi All,So I am a very small time landlord and I use Apartments.com (formerly Cozy) to collect payments. This morning I got an email saying that they want my SSN to report any income I get over $600 to IRS. I have alwa...

There have been some threads recently talking about working hard, spending less than you earn, etc. so I thought that there would be a thread on the subject book. I couldn't find one so I thought it would be a good i...

Hi All,I am looking at making a purchase of a vacation rental with my SDIRA. I have had long term rentals held this way and I am pretty familiar with the basic rules related to performing work, UBIT, etc.To set it up ...