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I’m in Dallas, Texas and just started renting out my first Airbnb rental, I need CPA or legal advice on whether we need to form a LLC now or wait until we have more properties. Since this is our first one, I have hea...
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House hacking has become an increasingly popular way for people to get into real estate investing while minimizing their living expenses. The basic premise of house hacking is to purchase a property and rent out a por...
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I self-prepare my annual tax returns and have a tax scenario/question regarding the allocation of Property Taxes and Carry Expenses for land.In 2022, I purchased a vacant parcel of land that is zoned for multi-family ...
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Hi fellow Bigger Pocket'ers!My name is AJ Weigand, I'm from western Pennsylvania originally but have been residing here in Colorado for the past 3 years! Started out in Colorado Springs, but am now residing in Castle ...
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Hello everybody. Looking for general guidance and advice from experienced individuals. I don't want to sound like I am flexing because I am not at all. I realize I am not rich by any means but I want to describe my si...
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Although it's not an every deal situation, I'm trying to be prepared for when a double close is needed for a wholesale deal. As someone that doesn't have hundreds of thousands of dollars in liquid capital to purchase ...
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We just decided to list a property with section 8… Our Housing Authority has a website that links us to something called go section 8… But I wanted to ask you what is the best way to get section 8 tenants?There’s a pa...
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We are rookie investors looking to buy a lake house. We suspect there will be a bidding war. What can we do/offer to make our offer more enticing so that they would accept our offer over others that might have offered...
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Hi all, I recently booked an Airbnb using some Airbnb credits (that originally came from a gift card) in my account while searching for an investment property. Since the stay was booked through account credits (instea...
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Hi everyone!I am close to listing one of my properties that thankfully has appreciated a bunch over the past couple of years.A couple of things I was wondering about in regards to the sale of this property, I plan on ...