Eli Jerman
Taxes for 2024 - First rental property purchases in August 2024
27 January 2025 | 9 replies
You must report rental income on Schedule E and can deduct rental expenses like repairs, maintenance, property taxes, mortgage interest (allocated between personal and rental use), and depreciation for the rented portion.
Madison Sloan
Newlywed rookies close-ish to first purchase
18 January 2025 | 9 replies
I did a quick check in SLC and while I couldn't find a duplex at that price point and what I did find was pretty far out from downtown, but would something like this: https://www.realtor.com/realestateandhomes-detail/141-E-Nort... be of general interest?
Joe McLaughlin
Electronic Lock Recommendations
29 January 2025 | 13 replies
Hi, I'm looking for recommendations on the best e-lock systems to put into my STR.
Alpesh Parmar
Need HELOC for a property under LLC
28 January 2025 | 19 replies
Thanks @Kerry Baird, I was talking with ridge lending and they have recently stopped the all in o e heloc product.
Ryan Ruppert
Shopify for own STR website?
20 January 2025 | 7 replies
thanksRyan @Ryan RuppertShopify is a great platform for e-commerce, but it might not be the best fit for managing STRs in the long term.
Taylor McClure
I’ve heard of buying pre-foreclosures, anyone have experience?
15 January 2025 | 8 replies
Theres so many problems, this is a team deal scenario and one needs rules; never take a contract less then 7 days prior to the auction, and NEVER NEVER N E V E R close allowing the seller to stay in the house after closing.
Sachin Amin
New Construction SFH for investing
4 January 2025 | 5 replies
Hello BP community,Most of the builders do not offer investors opportunity to buy the lots and they claim they are only for primary residence (i;e they will sell only if you are going to live in it (example Ryan homes, Pulte homes etc..) are there any builders out there who can sell to investors for "buy to rent" in Columbus OH?
Katherine Lewis
Success w/Marketing to Special Occasion Groups?
13 January 2025 | 5 replies
If you provide any kind of substantial services like catering, car service, etc you will change you tax situation and no longer can file under Schedule E.
Clifford Pereira
Real Estate Professional (REP) Status guidance
28 January 2025 | 11 replies
ANDAt least 5% ownerYou might want to check out this thread with sample REPS Log / Activity tracker that meets IRS guidelines https://www.biggerpockets.com/forums/51/topics/816680-real-e...
Zachary Scalzo
Real Estate Investor with a Maid Company - How Can I earn Realtors Business
21 January 2025 | 14 replies
If you are interested in becoming a vendor you can find the vendor paperwork package on our website and submit it to Jade@ - end is the same as my e-mail address below.