![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1334416/small_1655916269-avatar-bobw99.jpg?twic=v1/output=image&v=2)
5 November 2024 | 5 replies
Personally I'd rather sell or trade down @Bob Willis. if I needed to increase my lifestyle which I don't.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/199325/small_1704239129-avatar-ejourneyer.jpg?twic=v1/output=image&v=2)
5 November 2024 | 6 replies
Consequently, there's no "bargain hunting" for good properties.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2652430/small_1694591689-avatar-alexn256.jpg?twic=v1/output=image&v=2)
5 November 2024 | 12 replies
You’ll also be trading off appreciation for cash flow in those areas, so make sure to keep that in mind.If you’re eyeing a B/B+ neighborhood instead—think exurbs like Adamsville or Pleasant Grove in the west and Odenville in the east—you’ll likely be limited to condos or small fixer-uppers.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2936368/small_1706802259-avatar-ananths3.jpg?twic=v1/output=image&v=2)
4 November 2024 | 13 replies
I email or text them once again to let them know in writing when I will be filing a forcible entry and detainer (eviction) action and let them know that time is short but they can still avoid the consequences of a damaging eviction filing.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3096344/small_1730901530-avatar-evant125.jpg?twic=v1/output=image&v=2)
31 October 2024 | 24 replies
Go to college (or, alternatively, learn a good trade) and set yourself up for maximum earning potential in a field that's interesting to you. 3.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3093546/small_1734143772-avatar-garrettbrownre.jpg?twic=v1/output=image&v=2)
6 November 2024 | 42 replies
@Garrett Brown Yep...we're just trading bad seasons.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1298534/small_1706485831-avatar-raphaelramosrei.jpg?twic=v1/output=image&v=2)
2 November 2024 | 2 replies
Costs of set up of Trust, Costs to attorney to set up note, monthly costs to service the mortgage.Just my guess.My thoughts are if you have reached the level of a trade or business, then yes, these costs would be deductible.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2917231/small_1710124921-avatar-seanr397.jpg?twic=v1/output=image&v=2)
4 November 2024 | 9 replies
To get the best pricing and still do it correctly, you will likely need multiple trades, depending on what the purpose of each chimney is.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3132585/small_1729885054-avatar-clayh61.jpg?twic=v1/output=image&v=2)
2 November 2024 | 8 replies
Moving a house into an LLC has several unintended consequences, as you have noticed.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2173842/small_1670772505-avatar-prettyk.jpg?twic=v1/output=image&v=2)
1 November 2024 | 22 replies
IRS pub 425 says, "Passive activities include trade or business activities in which you don't materially participate.