David Woodside
500 hour rule - material participation
15 January 2025 | 12 replies
I would tend to agree with the other CPAs typically.The 500-hour test is one of seven material participation tests used by the IRS to determine if a taxpayer is actively involved in a trade, business, or rental activity.
Pamela Rivas
Seeking insights: Crafting a free guide for foreigners investing in Mexico.
17 January 2025 | 3 replies
I've been on this platform for many years and, over the years, I've seen new members linked or part to Mexican real estate agencies posting educational content about investing in Mexico out of the blue shortly after becoming new members and then disappear as they realized that their efforts wasn't giving them the amount of business they were hoping for.
Jack Miller
New to Investing
16 January 2025 | 1 reply
It’s great to hear about your goals—wholesaling is a fantastic way to build capital and experience for rental properties and flips.I’d love to connect and explore how we might work together to grow our businesses.
Adam M.
Cost for a Tax Specialist
13 January 2025 | 7 replies
Bigger Pockets is a great place to find a real estate tax accountant.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 who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
Ariel Betancourt
New Student of Real Estate Investment
24 January 2025 | 7 replies
There are easily 5-6 meetings per week you can go to and learn from people who have been in this business for decades.
Jared Galde
Hey! I'm Jared. My life is about Sober Living Home Investing
9 January 2025 | 10 replies
I've been in a co-living mastermind for a year, but I'm curious how you set your business up.
Chris Magistrado
Cybersecurity, Recruiting, or Real Estate?
14 January 2025 | 3 replies
I'm not accredited, and unless my business explodes, it's not likely I will be in the next few years.
Michael Plaks
Reminder about TurboTax, H&R Block and avoiding tax professionals
15 January 2025 | 3 replies
And this does not even involve business or real estate!
Anthony Kolbusz
How to get started?
21 January 2025 | 4 replies
Share a clear business plan with numbers showing expected purchase, rehab costs, ARV, and rental income.
Suzanne Chan
A&M Courtyard Apartments
17 January 2025 | 2 replies
I expect this will draw more business to this area.