You mentioned buying a MTR condo.Is your income below $150,000 or are you able to claim real estate professional status?

I just don't want to start working with a realtor and waste time and end up with no real solid prospects for buying.

While many of these partnerships can be fruitful, some turn out to be less successful, with unfortunate outcomes that could have been prevented with proper planning and safeguards.For instance, we recently encountered a case involving an investor, or "money partner," who contributed $650,000 to a real estate deal facilitated by another investor, the "developer."

@Drake BackmanBigger Pockets is a great place to find a tax strategist specializing in real estate taxation.A good real estate tax strategist can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding a tax  strategist specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your tax strategist remotely to expand your options.I would also recommend looking for a tax strategist willing to work with you throughout the year.

Hello,Long time lurker and consumer of real estate investing podcasts, books, and other information from BiggerPockets that just closed on my first investment property - a duplex house-hack.  

I have always been interested in real estate and engaged in BiggerPockets loosely while in college at West Virginia University.

Now, it took me many years and a lot of real estate trading to get to this place with my bank, but that is why I highly recommend that RE investors work hard and finding and nurturing a local banking relationship.

I have been analyzing commercial real estate opportunities involving stores like Dollar General, Dollar Tree, and Family Dollar.

🚀Disclaimer: I am a licensed real estate broker associate in Florida, but I am not a lender, financial advisor, or attorney.

Hello smarter and more experienced real estate investors!