I am a Rookie investor and have obtained my Real Estate License. Currently my license is in "Unassigned" status. I do not aspire to become a Real Estate agent as a profession, but would like to operate in that capacit...

Hi all!
I have been lurking for months and this is the first time I have a question I can't find an answer to! My wife and I bought our first rental property and have been setting up our business and such. Our lawyer...

Hi. I am a relatively new buy-and-hold investor who owns two properties in my own name and two in LLCs with partners. I am continually searching for new opportunities, but suspect when I find them I will continue to o...

Hey BP!I'm interested in learning more about how some of you in the community maintain records for your real estate portfolios.  For example, how do you track your properties, tenants, contractors, repair costs, overh...

Hi Everyone! I am looking for any advice on job cost accounting software. I currently use QB Online but they don't have a job costing feature, only workarounds for now. I have done a little research on companies that ...

I am wondering if there has been any real solid resolution on this topic. My CPA has instructed me that the auto expenses (at least the proportion used for rental activities), overhead such as office supplies, sof...

Good morning. Here is my situation.I am a w2 employee. All of our insurance/retirement is tied up w/in my job. My wife does not like her job and is making the leap to open an in home daycare as soon as our new house i...

I hear alot of people discuss ROI but nobody discusses what percentage of your monthly income you can actually expect to make it to your pocket/pay yourself from your LLC after expenses. If you have any insight thanks...

I've got an LLC taxed as a partnership with one additional partner.  Renting real estate is the only business activity the LLC does.  I'm looking ahead to Form 1065 and the associated Form 8825.  Although we track exp...

I have been investing in real estate for the past 7 years. I hire a property management company to take care of all the management side of our properties. We recently started our own construction company that does mos...