![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2373916/small_1669695449-avatar-kellys251.jpg?twic=v1/output=image&v=2)
We have fortunately had an opportunity to purchase multiple homes off market that we plan on flipping. We have multiple investors for each project. Our initial plan was to create an LLC for each project, open a chase ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1594386/small_1621514004-avatar-brandona176.jpg?twic=v1/output=image&v=2)
I'm relatively a new real estate agent. I've had a few transactions. I'm currently trying to scale my progress as an agent and looking for an affordable company to do Facebook Ads and Google Ads. I was looking at H...
I work full-time in marketing while building up the down payment for the properties I'd like to invest in. Property Management seems like a great business to start to boost my income further, while learning more about...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2263464/small_1694841206-avatar-reneeh61.jpg?twic=v1/output=image&v=2)
Hello everyone!
I'm reading a lot about passive vs non-passive rental activities and cannot really find a clear explanation.
This publication from the IRS says:
1. "Material Participation: A trade or business activ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/878226/small_1621504853-avatar-blainea2.jpg?twic=v1/output=image&v=2)
I am currently a freshman at Baylor and was wondering one day how I could earn a little extra money on the side. I stumbled upon wholesaling one day while I was on BP and I was fascinated. I figured this would be a pe...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/408323/small_1621449677-avatar-dennisd6.jpg?twic=v1/output=image&v=2)
I wanted to describe a situation and see if anyone can tell me what the tax implications are:
You get your real estate license to help with your part-time investing business and don't use it as a typical agent would....
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/22810/small_1621362016-avatar-tiara.jpg?twic=v1/output=image&v=2)
I've been looking into the future lately, maybe 5 or 10 years down the road. I was wondering what happens when I want to sell my real estate business. Lets say I've built up enough business to net around $3 to $5 Mill...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/438316/small_1621476649-avatar-urir.jpg?twic=v1/output=image&v=2)
Good Evening! I am currently working on putting together my "team" or my "circle" per-se as I get into Real Estate investing. I'm seeking a Coach/Mentor to help me along the way. I have ambitious goals of purchasing a...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/420541/small_1621450649-avatar-santiagojchavez.jpg?twic=v1/output=image&v=2)
Hey Everyone, I am on the state of mind of becoming a real estate investor, I really want to become an investor. I am currently going to school, seeking internship programs and reading books to help me learn the funda...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/200084/small_1621432737-avatar-blakeelder.jpg?twic=v1/output=image&v=2)
Good evening! I have been a bigger pockets member for awhile, and my wife and I recently purchased our first investment property. It has 7 units and we are in the process of filling two of the units. I have a twofold ...