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16 April 2024 | 7 replies
In fact, numerous Tax Court cases have found in favor of the IRS when a taxpayer can’t document enough hours spent providing personal services to their rental real estate activities.Generally, material participation is determined separately for each rental property.
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16 April 2024 | 7 replies
Recently, I completed a short-term rental (STR) training program and I am eager to explore more opportunities in this field.
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15 April 2024 | 0 replies
Similarly, the initial losses in a new business should be viewed as the "tuition" necessary to gain invaluable experience and skills in a new field.
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15 April 2024 | 2 replies
DOES ANY IN THIS COMUNITY WITH ALL THE EXPERIENCE IN THE FIELD,HAVE ANY FEEDBACK OR ANY WORD OF ADVICE ?
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17 April 2024 | 34 replies
I did my first flip in 2002 and have done numerous since.
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15 April 2024 | 8 replies
Data the applicant enters seems to frequently not be verified and it allows for complete omissions in fields and hides important information such as social security numbers from landlords.
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13 April 2024 | 2 replies
Some of the core topics we hope to explore in our BiggerPockets profile include:- How our military experience has prepared us for the challenges of real estate investing- The process of getting started, from investment knowledge, to understanding different roles and titles used by real estate investors- The specific goals and milestones we've set for ourselves as we navigate this new field- The surprises, setbacks, and moments we encounter as we learn the ropes of real estate investingBy sharing our journey, we aim to provide a helpful resource for other newcomers looking to get started in real estate.
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14 April 2024 | 22 replies
Build a legal rental unit with kitchen, bathroom, new windows and others, according to the design from Sokol Design-Build GroupDig out the basement and install a new concrete slab, it's a separate addition job and will cost $ 15K - $ 20K.much better than the first one (and yes both are insured and are experts in the field) I may have to GC this project myself to save some money.
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13 April 2024 | 12 replies
I'm looking forward to learning and growing in this dynamic field alongside such supportive peers!