Clifford Pereira
Real Estate Professional (REP) Status guidance
23 January 2025 | 6 replies
See responses to your questions below: Correct, California is uniqueTo qualify for REPS you need to meet a number of criteria, including (but STRs that meet IRS criteria generally don't need REPS to leverage tax benefits): More than 50 percent of his/her time working in real property businesses; AND, More than 750 hours of service during the year.
Eli Jerman
Taxes for 2024 - First rental property purchases in August 2024
23 January 2025 | 6 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.
Akintunde Aboaba
Seeking Advice on Starting Real Estate Investment in 2025
22 January 2025 | 3 replies
These are by far the least amount passive so do your due diligence on understanding how to run a successful STR business and researching local laws on allowing STRs.2.
Luka Jozic
Experience of OOS investing in Cleveland after 1.5 years.
21 January 2025 | 101 replies
I remember studying your business model early on through your posts and early podcast episodes.
Danielle Levy
Filing lawsuit against property management company
21 January 2025 | 19 replies
Most importantly, they are disrespectful and bad business people.
Llamier Guzman
Happy To Be Here In With You All!
6 January 2025 | 2 replies
I have a commitment to invest in rental properties, meet professionals & eventually meet potential business partners!
Igor Sinchuk
Hi BP community! I'm your go-to person for Airbnb Revenue Management
6 January 2025 | 1 reply
BP rules don't allow you to advertise your business in the open forums.
Eric Maxwell
1st time home buyer FHA live in flip
7 January 2025 | 0 replies
The neighbor was the hottest in the twin cities and this house has 83 businesses cards of realtors who showed the property.
Richard Bautista
Too good to be true to have connected with a real estate agent who has a whole team?
8 January 2025 | 29 replies
If you're an investor Broker / Property Manger in this business you get 100's and 100's of investors reaching out to you wanting to spend the day with you while they are in town.
Rae Ashleigh
Recommendation Property Management Cincinatti OH/Covington KY
2 January 2025 | 4 replies
I would look up NARPM and start with them..Below are some questions I would think would be a good starting point for you to see who really treats their company like a business or a hobby.