Samuel Kim
Real estate professional status 750 hours doable?
19 January 2025 | 19 replies
all are new constructions and I don't know how she is gonna be able to find 750h of work to do in these new construction houses.Any help appreciated Good questions, first the IRS requirements to meet Real Estate Professional Status (REPS) are: > 50 percent of his/her time working in real property businesses; AND, 750 hours of service during the year ANDAt least %5 ownerIf married filing jointly, one spouse must meet 750 hour requirement on their own.
Sebastian Albors
New and Looking to Make First Real Estate Purchase
25 December 2024 | 8 replies
Along with the research I am doing, I'd love to hear from others about their firsthand experience.I am 33 years old, recently married, no kids but plan to have our first in the next year.
Michael Izbotsky
Quit Claim into SMLLC - Need to be Married SMLLC?
3 December 2024 | 6 replies
Quote from @Michael Izbotsky: @Ashish Acharya My SMLLC was created after we married, so couldn't that argument carry over that the LLC is "owned equally by both spouses"?
Carolina S.
Capital gains tax vs. 1031 exchange
21 December 2024 | 7 replies
I “hope” you are not married or it will make it very difficult as you can’t have a disregarded multi-member LLC except in community property states.
Keegan Felix
Full time working mom of 3 in my 40's with 8K to invest
9 January 2025 | 21 replies
I also am married and have kids.
Pete Galyon
A Home and an OFFICE in one
16 December 2024 | 1 reply
Also, got married and have a blended family.
Allen McCann
New member from Cleveland, OH
17 December 2024 | 27 replies
Since I am married and have school age kids, I place a real premium on minimizing my management time.
Akshay Monga
H1B Couple Exploring Real Estate Investing: Seeking Strategy Advice and Networking
26 December 2024 | 7 replies
Hi BiggerPockets community,We are a married couple based in the California Bay Area, both working as software engineers with a combined income of close to a Million USD.
Dustin Calgaro
Cash-out or partner on my 4 unit property in Costa Rica
11 January 2025 | 19 replies
That’s one of the reasons I opened the discussion where and how I did.. if I had a certain strategy I was married to I probably would post it in the classifieds.
Avery Oblepias
Section 8 Tom Cruz
10 January 2025 | 22 replies
He isn't married, he doesn't have kids, he doesn't have family values.