Greg O'Brien
Clearing Up Confusion on Tax Treatment of Short Term Rentals
Hi All - I've seen quite a bit of confusion on the application of the Passive Activity Loss Rules and Short Term Rentals. Beyond BP, there is a lot of confusion in the accounting community as well but the same rules...
Sam Kay
Multiple Recurrent Leaks - Need advice on pivot strategies.
Hello BP fam,Need some advice. Purchased a 3 fam in Jan 2024 built in 2016 in an appreciating expensive market across the Hudson River from Manhattan NY. 2 units were vacant on acquisition and completed rehab in July,...
Ryan Dossey
Getting license online?
Hey guys I am looking for some advice here. I am looking to get more involved in REI and want to be able to work in the field in between work. I have been thinking about it for some time and think I am going to just d...
Paul L
Duplex under contract
I've got my first deal underway. Monthly rent $1600 total for both units. ARV 130K. Picked it up for 62k, and it needs ~20K of rehab. We close in 1 month. I'm intending to do the interior painting myself so that shoul...
Jeremy Jackson
Considering getting my RE agent license in Kentucky...need advice
I will be in Korea for the next 9 months on military assignment. I'm seriously considering completing the pre-license course work. When I finish this assignment I'll be back in TX for a few years, retire, then move ...
Wasim Almashhadani
New to Bigger Pockets
Hi,I just joined BP and read a few of the forums about investing in properties without any money. All of the methods sound really exciting, but I can't help but feel this invisible hurdle of self-doubt that is holding...
William Givens
FL State Exam for Agents
To all of the FL real estate agents out there. I'm going to be taking the state licensing exam in the next few weeks and am just looking for input. How similar was it to the pre-licensing exam? Are there specific subj...
Kevin Samuels
Bringing a contractor on the very first visit
Hi, my wife and I have been looking at several properties in the Las Vegas Valley. We are constantly trying to find ways to streamline our process so we ca quickly decide if we are going to submit a bid or just move o...
Jonathan C.
HOA was not disclosed to me
I am purchasing my a turnkey property in St. Louis, Mo. I am about 2 weeks from closing and just got a trustee letter from a HOA stating that I will have to start paying monthly payments soon. My problem is that I w...
Tim Daley
1st investment reno
Hello all, I'm new to the forum but have been consuming a lot of helpful information over the past several months. I am about to close on a rental property in Buffalo NY, this will be my second investment property in...