Kaylin Gonzalez
is cash flow taxable income ? how is it taxed ?
27 August 2024 | 10 replies
Passive income is generally more desired from an investor's point of view because they get a lower tax treatment than active income.
Jordan Benty
Seeking first investment property in central Oklahoma/Edmond!
26 August 2024 | 8 replies
We are seeking guidance on a few key things about the market. 1) We've done a lot of research on the area and have been scouring MLS having trouble finding opportunities that will cash flow (the golden question, we know).
Irene Uribe
FOUR UNITS BRAND NEW FOR SALE UNDER 540k Making 63k a year.
29 August 2024 | 0 replies
Purchase price: $540,000 Cash invested: $108,000 Investing in South Texas offers additional benefits The price per square foot for new construction in South Texas is among the lowest in the country, making it an excellent value for investors seeking high-quality properties at a reasonable cost.
David Narvaez
Should I file my own taxes?
31 August 2024 | 16 replies
The key takeaway here is to reach out to your tax professional early in the year and provide them with all the necessary tax information to ensure timely and accurate filing.To answer your question, unless you have the proper knowledge or training to handle your taxes, especially since you have a rental property, it would be advisable to seek out another tax professional instead of filing your taxes yourself.
Andrew Hinspater
Rent ready requirements - need advice
29 August 2024 | 2 replies
Hi Bigger pockets community,I’m seeking some advice on a frustrating situation we're dealing with.
Chen Avnery
Seeking Advice: Achieving Better ROI Than the 1% Rule in Real Estate Investments
26 August 2024 | 13 replies
Hello all,I'm seeking advice on achieving a higher ROI in real estate investments beyond the 1% rule and maintaining around 35% of monthly operational expenses (including Cap-ex, maintenance, property tax, and vacancy).To the best of my knowledge and abilities, the 1% rule with 35% operational expenses seems to be the best I can achieve today.
Chan Le
Is there any syndication focusing on long-term buy and hold?
29 August 2024 | 13 replies
If you can capitalize on those early returns and recycle into another property with similar early trajectory, you will end with much more money over the same period of time.Of course, being able to harvest those gains and recycle in a tax deferred manner helps even more, so you may want to seek out syndicators that are able to offer 1031 exchanges on exit, which is definitely possible.
Caden Wright
18 yr Old Learning Real Estate Investing
29 August 2024 | 2 replies
A prudent investor doesn't seek quick riches through shortcuts.
Alex P.
Taking title as individual instead of Single-Member LLC in 1031 exchange
29 August 2024 | 6 replies
Readers are advised to seek professional advice.
Neal Daftary
First-Time Investor Seeking Advice on Purchasing an Old (1930s) Duplex in Texas
27 August 2024 | 6 replies
Hello everyone,I'm a first-time investor and I'm looking at purchasing a duplex in Texas. I'd love to get some feedback and advice from more experienced investors. Here are the details of the property:- Leased until J...