I am currently doing 1031 exchange, and looks like we won't be able to close one of the properties we exchanged. The 180days closing deadline is next week.  It's a long story, how we get to this point. My question is,...

I am purchasing a property Subject to in the next month or so, and I am gathering info to prepare myself for that as this is my first sub2.I scanned through the docs in the FilePlace and did not see any disclosures sp...

I have 3 properties with my family in Brooklyn.In one building there is  2 apartments, we live in them. In the other 2 properties we have 6 apartments in total. All three properties were bought on my uncle's name, as ...

Sorry in advance if this has been asked 100 times. I used the search feature but wasn't successful in solving my problem.My sister-in-law has been living in one of our houses for 2023. She covers the mortgage, that's ...

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. ...

While it appears many rookie investors tend to struggle to hit the ground running due to lack of capital / financing, I have the opposite problem. I've never purchased an investment property but want to begin my inves...

Looking for advice - Does it make sense to do a cost segregation study on a property (and claim accelerated bonus depreciation) I bought this year considering the following?  why/why not?
(I understand that I need t...

Hey BP,My wife and I are looking to settle into our first SFR or small multi fam this Fall but I'm curious over the long run what is the best solution.  We are both physical therapists, make around 150k.  Our student ...

Hello BP,I’ve been a long time reader but have been hesitant to post. I am in the navy and have recently moved to San Diego. After working with Navy federal credit union, I was able to get approved for ~600k(1-2 unit ...

Hello!Is this a good investment? I would live in the basement 1st year and rent out all 3 units afterwards. Thanks!!First time home buyer here, just put an offer on a 2 flat in Chicago. My offer is $184,000 and I am f...