I'm trying to understand whether Active real estate losses (Real Estate Professional) lowers MAGI. My understanding is these active losses will lower Adjusted Gross Income (line 11 of a 1040) but there's some confusin...

I am new to this and trying to gather as much information as I can. Thank you to all who participate. I live in Ca. I see there are cheap homes in Cleveland, Oh. 10k and less type affordable. My questions are for the...

Hi all, I found a house on my jogging route that really interests me.  It just went into pre foreclosure with an auction date in 3 months .  The title is in the name of a husband and wife.  The husband died in 2008 an...

My name is Nicole (Niki) Oudenaarden and I am new to the Bigger Pockets forums, but have been an active podcast listener over the last 2.5 years. I have been a full-time athlete competing for Team Canada over the last...

Hi BP community,So my partner and I are currently renting a single family home for $200 under market rent. Our tenant gets assistance from the MHA. She is a great tenant, pays her half on time every month, and does a ...

Hello All,
I am new to this site, so I'll start off with my introduction. I work for Bakerson LLC and wholesaler in the Phoenix metro area. We have been in business for over 10 years. We deal mostly in single family h...

Hello BP, Does anyone have any experience investing with Bakerson in Phoenix, Arizona?  I have made a Bridge Loan to them on their Pueblo Springs Apartment project--they are passed due in paying off the loan and are n...

Hi All,Question, I am a high income W2 employee and considering purchasing a short term rental.  I do not qualify for a real estate professional status, but recently heard about the short term rental loophole where on...

Let's say, for instance, I have a bunch of connections with groups doing syndication deals and I have a bunch of interested investors.  What are the legal requirements for me to make fees or commissions off of bringin...

Any recommendations on the most efficient way to track your time when classified as a real estate professional? My accountant wants me to start doing this in the event of an audit being I’m starting larger projects an...