Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Gene Hacker New limitations for Private money investors in CA?
1 April 2013 | 28 replies
You need an investment analyst, at a managerial level, not just a stock broker, a CPA and a securities attorney, IMO.Lastly, I can tell you from experience that investors absolutely will not show everything to a broker, they may show enough to "qualify" and seeing interest income on a tax return doesn't specify the source, some investor could have other loans held or REITs that could tilt the scales in areas of concentrations of assets that a broker may never pick up, so if you hink you can, you can't.
Terry Portier My First Quarter Earning’s & Start-up Cost
2 April 2013 | 15 replies
Labor: 180-hours (15hrs/wk, $80K median household income) = ($7,200)Labor includes reading BP(education), looking at properties, going to REI association meeting’s, talking to banks, agents, internet research(home, market analysis, comps, etc) Gas/maintenance on car: ($30/wk) = ($360) (tax write-off)RE License: ($1000 REC fees + 70 class/etc hrs @ $40/hr) = (3,800) (1,000 write-off)Association dues: (400) (tax write-off)Net loss: ($11,760) (minus tax deduction)$10,000 in labor or my time many do not account for in their profit margins.
John Oden New Member, Nashville TN and Tampa, FL
22 February 2014 | 10 replies
Best place on the internet!
Matthew Hicks Diary of our first Historical Rehab and Company Rebranding
29 May 2014 | 16 replies
If you have internet explorer it may not work, for me, I have to use chrome.
Rambabu Tummala Planning to buy property from MARQUIS PROPERTIES
25 January 2016 | 103 replies
Too many people now depend on (or think they do) their internet reps and the commodification of their own sites.
Chris Christianson Question about heating a home that's on the market
14 February 2014 | 8 replies
Even worse is if it's so cold that I do not get to even look or concentrate on the great features of the house because I am so cold all I can think about is that.
O'brian R. 1st Purchase - Turnkey Analysis
26 February 2014 | 88 replies
Just showing that, for our portfolio, which is concentrated in better areas, theft is not a rampant problem.
Patrick T. Writing your own Purchase & Sale Agreements
1 August 2017 | 21 replies
Now, you may use one and you may not go to the contract concentration center but you may well find that stealing copyrighted contracts won't be enforced.
John E. How do I make RE investing a business and not a hobby?
17 February 2014 | 31 replies
I can enrich myself with knowledge on the internet, with books, and discussing things on a blog such as BP.
Jonny C. Getting Started and Looking to Invest
15 February 2014 | 3 replies
However, there are lots of deductions (expenses) that reduce the rental income and sometimes your overall taxable income resulting in a lower overall tax rate: mortgage interest, depreciation, water/sewer/internet bills if you pay them, property taxes, repairs/maintenance, property management...The is an extra benefit if you work in real estate for a living; it's not hard to read up on the details and criteria for that situation, but I don't know them off the top of my head, and I'm definitely NOT a tax professional.