Brian Hunsaker
Wondering how to minimize taxes owed to IRS from rental properties
We have 3 rentals, and Turbotax says we made about $27k off the 3 combined last year, so I ended up having to pay the IRS $8k. Currently the tenants pay us directly to our bank accounts. Would we owe less if we set up...
Cal C.
Reserves are almost an absolute necessity!
They would be an absolute except a few people get lucky and put everything they have into a rental property and nothing goes wrong for a year or two, giving them time to build up cash reserves. Then again a few peopl...
Nancy Roth
mortgage insurance for seller-financed property
I am about to sell an investment property to a tenant who got a settlement and can now afford a down payment. She is very eager to buy. I own the house free and clear, and would provide seller financing. This is the f...
Anand S.
Who's Selling in this incredibly Hot market?
This market is on overdrive. Who is taking chips off the table?
Jessica G.
Agonizing over where to put energy -- "regular" job or REI. Please give input
I am a teacher so I'm off work for the summer, and I'm focusing 100 percent on growing our REI business.I got two off-market houses under contract last week -- a fix and hold, and a potentially lucrative flip. Great n...
Elyse Cordeau
How old were you when you bought your first investment property?
I'm interested to know how old you were when you bought your first investment property? How did you obtain the financing and credit needed to buy a property, especially if you bought a property when you were really yo...
Adam Glassman
Why dont real estate agents listen to the seller?
So this is a long post but worth the read as it's educational, big time. I am selling off some of my 2 family homes as you might know and my property managers who are also the agents for me wouldn't listen to me. I sa...
Annette A.
Inertia: Getting the ball rolling (NEWBIES)
what are you doing today to keep that ball rolling forward? "DOING" is the key... whats your goal today? what are you working towards to accomplish?HOw are you MAKING your way to that goal- vision?Do you takes steps e...
Jake Scott
Thoughts on Connected Investors?
Hello, BiggerPockets Community! (Man is it good to be here)I got into real estate a little over 2 years ago. I flip-flopped from being a wholesaler to flipper throughout these last two years and have had successes and...
Bruce Woodruff
Thoughts on the California fire repercussions
I saw @james wise thread on the fires in general but here are some other thoughts now that this has grown , I think it's important and very interesting...a) What will happen with CA insurance? They already lost some m...