Hi My Fellow Biggerpocketers,
I am temporarily staying in Delaware and looking to see if there is any opportunity in this crazy market to buy and hold either a sfh or duplex strictly for a cashflow play in this stat...
It makes sense to want depreciation to offset ordinary income.
Here's the kicker:You need to establish that you are real estate professional. Then you establish material participation.There are two tests to a real es...
I bought a Property (Duplex) in Miami (Prime Location) in a Forclousure auction. Now I finish all the improvements and I don't know if selling the property or renting it and borrow money from the bank in order to grow...
Hello all - i am just getting started out and was wondering if it makes sense getting a real estate license. Does this give any avantages in moving forward?Regards,Azeez
I bought a house at the peak in December of 2022. I used a DSCR loan to get it done. 9.375% interest rate. I'm coming up on 2 years of income produced by the property, any suggestions on how to get a lower interest ra...
Hello All,I am new to REI (first year) and I have been working very hard to learn as much as I can each and every day. I have learned through many different facets and getting my feet wet flipping a few properties. ...
My husband and I have an LLC for our general contracting company, whose sole client will be our flip business. I am thinking we need a separate LLC for the flip business, but should the flip business be the full owne...
If the last hurdle of the tax bill is passed, does it make it more advantageous to have your RE in an LLC? Does it make a difference if RE investing is part time and I have a full time job? Generating about $30k or so...
I am looking to get into purchasing old existing parking garages or parking lots. I have been looking on remax, long and foster, and cl and suggestions or advise from someone with real experience in this area.
Hi, After how many properties should we incorporate in Canada? Are you allowed to claim CCA for Tesla (Zero emission) that is used to manage residential properties in your personal name?