![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2203279/small_1694651943-avatar-tzvik2.jpg?twic=v1/output=image&v=2)
19 November 2024 | 5 replies
I have seen instances where a 1031 exchange was not required such as1) The overall gain from the sale of the investment property was very small or even negative2) The taxpayer had enough passive loss carryforwards to offset the gain.A 1031 exchange is a very powerful tool put it has to make sense before going forward.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2554090/small_1722189989-avatar-michaeld1641.jpg?twic=v1/output=image&v=2)
25 November 2024 | 14 replies
Look into property values, vacancy rates, and the overall rental market in the area.Real estate can be a powerful way to build wealth, but it’s essential to start with the right tools and knowledge.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2905656/small_1712526874-avatar-aprilb132.jpg?twic=v1/output=image&v=2)
19 November 2024 | 12 replies
Hey @April Birdsong, You can use the Ring or a stand alone camera.I don't use a Ring but I have a stand alone, solar powered camera pointing at the main entrance.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2983325/small_1716739103-avatar-marcs233.jpg?twic=v1/output=image&v=2)
20 November 2024 | 9 replies
Receipt Bank (now Dext) is a powerful tool for scanning receipts and invoices, syncing with accounting software like QuickBooks.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1573904/small_1621513807-avatar-carlosp130.jpg?twic=v1/output=image&v=2)
1 December 2024 | 91 replies
I believe I will lose a lot of money, but LPs, all on their own, without government interference, will wake up and realize that they have the power and their capital is the actual asset.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3132228/small_1728497441-avatar-allisons142.jpg?twic=v1/output=image&v=2)
20 November 2024 | 9 replies
**Long-Term Strategy**: These loans are often seen as a long-term financing solution, allowing investors to hold properties and build equity over time.In summary, DSCR loans can be a powerful tool for real estate investors, but they require careful consideration of the property's income potential and market conditions.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3133260/small_1731951127-avatar-brendap91.jpg?twic=v1/output=image&v=2)
18 November 2024 | 6 replies
Real estate can be a powerful way to achieve both tax benefits and cash flow, and there are many strategies to fit your goals.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2544400/small_1695773882-avatar-alexanderw174.jpg?twic=v1/output=image&v=2)
18 November 2024 | 9 replies
You will find many resources here on the forums and throughout the site as well.Personally, my short list of books to explore:Set For Life by @Scott TrenchRich Dad Poor Dad by Robert KiyosakiABCs of Real Estate Investing by Ken McElroyABCs of Buying Rental Property by Ken McElroyLoopholes of Real Estate by Garrett Sutton, EsqTax-Free Wealth by Tom Wheelwright, CPAThe Power of Zero by David McKnightREIT Investing for Beginners by Lawrence SmithWhat Would the Rockefellers Do?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/766701/small_1694580486-avatar-mikes338.jpg?twic=v1/output=image&v=2)
17 November 2024 | 9 replies
Nothing more needs to be done.Some MLS systems require the signed withdrawal or you can get fined as an agent.The MLS where he is talking about has zero power over this.He is using a form of the association of which Im the President-Elect.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3132638/small_1728584769-avatar-muhammadk53.jpg?twic=v1/output=image&v=2)
17 November 2024 | 9 replies
I am new to RE investing, and hoping to tap the collective power of this awesome group in starting my RE journey.