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Results (10,000+)
Chris Sweeney Rents Are Going To Explode - John Burns
9 June 2011 | 8 replies
As employment grows, especially among younger persons, and homeownership continues to decline there will be pressure on the rental market, pushing rents up and encouraging multi-family construction.
Jim Wineinger New introduction from TN
14 May 2010 | 10 replies
I was told the name, but do not remember it at this time.I do not know the legal issues of continuing in "self employment" of RE while being totally disabled.
Thomas Thompson Newbie rehab questions
26 April 2009 | 4 replies
So, you can see how you get to a 10% profit, if things go well.Remember, that profit is taxable, and subject to self-employment tax (about 15% of the gross profit).
Ryan U. living off rental income
19 January 2019 | 38 replies
One of the biggest problems is, once you leave your full-time employment, it is going to be very difficult if not impossible to get mortgages on investment properties.Personally, flip some contracts, take that money, by free and clear real estate!
Jeff Tumbarello Here is an interesting twist
29 May 2009 | 1 reply
On average, it takes laid-off workers 55 and older nearly a month longer than their younger counterparts to find new employment, and the gulf has been growing recently, according to the U.S.
Rich Weese Where is everyone?
16 August 2009 | 28 replies
I always suggest that the investment program is started WHILE you have another income from employment if at all possible.
Kari M. Hello from Central MN!
10 August 2009 | 3 replies
We are both employed in the construction industry and dealing with layoffs and intermittent work, concerned about what winter will bring.
Jason NA Corporate setup for Rehab Flips and Income properties
31 July 2007 | 3 replies
You save on double taxation and the income is not subject to self employment tax.
Shanita Parker Need to know how to purchase property if...
11 July 2007 | 7 replies
You are seeking entity financing---something like this one:Documentation: No Ratio, No Documentation Main Credit Score: 400 Credit History: Very Poor Debt to Income: N/A Occupancy: Owner Occupied, Non-Owner Occupied Loan Amount: $200,000 - $50,000,000 Lien Position: 1st Mortgage Cash Out Amount: $50,000,000 Loan Purpose: Bridge Loan, Purchase, Rate and Term Refinance, Debt Consolidation, Cash-out, Heloc/Line of Credit, Construction, Forward Commitments, Equipment Purchase, Unsecured Loan, Business Loan, Equity Capital, Venture Capital, Credit/Asset Enhancement, Takeout (const-to-perm), Home Improvement - Value After Improvements, Rehab, One-Time Close (const-perm) Property Types: Five Plus Units, Mixed Use, Farm/Ranch, Condo-tel, Retail, Warehouse, Raw Land, Hotel/Motel, Office, Care Facility Housing, Special Use, Industrial, Gas Station, Other Commercial Types, Office Condo, Non-Warrantable Condo Rate Types: Straight Fixed, Adjustable, Hybrid Amortization: 5 Years, 20 Years, 25 Years, 30 Years States: AL, AK, AZ, AR, CA, CO, CT, DC, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY, International Special Features Drive By Appraisal, Borrower is a Corporation, Borrower is a Church, Borrower is a Trust, Borrower is a Foreign National, Non-Permanent Resident Alien Allowed, Borrower Owns Over 10 Properties, Mortgage History Only Reviewed, Bankruptcy May Remain Open - Ch.13, Bankruptcy from Filing Date - Ch. 13, Currently in Foreclosure, (bailout), Borrower with NO Credit Score Allowed, Score Only, No Credit History Reviewed, No Form 4506 Required, No Reserves Required, Gift Funds Allowed, No Mortgage Insurance Required, No Seasoning Required on Funds to Close, No Prepayment Penalty Required, Interest Only Payments Available, Less Than 2 Years Employment, Self-Employed, Non-Recourse Allowed, Recorded Land Contract Allowed, Unrecorded Land Contract Allowed, Less than 12 Months Seasoning Refi, (using purchase price), Leasehold Property Allowed, Less Than 2 Years Employment, Wage Earner, Rural Property Allowed, Seller Seasoning less than 6 months Allowed, No Minimum Number of Trade Lines Required, Less Than 12 Months Seasoning Refi, (using appraised value), Lease Option Allowed Regards,Scott Miller
N/A N/A Taxes
27 August 2007 | 3 replies
No, in fact it will often raise them.Both here and on 3 other sites I see people contemplating 1031 exchanges when they barely have enough gain to justify the expense of a facilitator and the extra acquisition costs.For the record my income tax return for the past 12 years has had all of the following, just about every year for most items.W2 income, 1099 consulting/sales incomeInterest income, including interest from seller financed loans,Recapture of depreciationRental income, and expenses and depreciation on rentals pptyLT cap gains from sale of long held rentalsST cap gains from flipsSub S corp income from my sales company401k reductions, SIMPLE reductionsOffice in house expenses, loads of mileage for business travel and other self-employed business expeneseDividends from stocks and mutual fundsDespite all of this carp I feel confident, because I closely review the return and question the CPA that if I wanted I could purchase TurboTax and do it myself.