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29 January 2025 | 6 replies
I am also active with Flips and own a few 4 plexes...Im a licensed NM Realtor would be happy to help set up a few searches, look at properties (Virtually as well), and tell you more about specific areas of town with the pro's and con's of each.
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15 January 2025 | 9 replies
A friend of mine had a similar journey - they turned their old home into a rental property and soon realized they loved managing tenants and exploring ways to add value.
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14 January 2025 | 19 replies
It's great to see you're looking to start your real estate investing journey.
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23 January 2025 | 5 replies
Many opt for other investing methods in their SDIRA like private lending, crypto, private equity...anything except collectibles and life insurance.Note that a Solo 401k is exempt from UBIT on leveraged real estate so if you have self employment activity and no full time employees save for you and your spouse you should consider the Solo K as an option.
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8 February 2025 | 244 replies
Would love to see an example of some real life qualifying activities and what you're including.
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13 January 2025 | 31 replies
@Chloe SalcedoStarting your real estate journey at 23 is an incredible opportunity to build a strong foundation for your future.
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5 February 2025 | 5 replies
These three smaller companies are popular with Bigger Pockets members, and their respective leaders are active on this forum.
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27 December 2024 | 6 replies
@Nathan Deutsch what are your next 3 steps in your investing journey?
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27 January 2025 | 11 replies
Wishing you the best on your journey.
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6 February 2025 | 13 replies
Tax deductions / write-offs should be a second concern.There are some rules that you need to follow to treat a short-term rental as 'active'(non passive) income which would allow you to offset it against other forms of income such as rental income / wages.