John Daniel
How to Setup Accounts for managing RE side hustle - No LLC
Hi there,So first let me say, I am new to RE investing. Currently, I am looking to do a house hack and renovate the property that I end up purchasing around April. I wanted to know for tax purposes, how I should docum...
John Liebau
Considering appraisals in analyzing deals
I was wondering about how to analyze a property’s value when it comes to appraisals or how I should be using appraisals as info. What’s the difference between a tax appraisal and (I’m not sure what to call it) a marke...
Jennifer Dargento
Realistic beginner strategy? (Las Vegas)
If I set a goal to house hack for my first BRRRR property using either 203k loan and/or small multi-family (duplex, triplex or quad) in a B class neighborhood in Las Vegas in 2024, would you say this goal is realistic...
Mal Toto
What is the minimum acceptable cash flow for 100% financing?
Dear All,I'm considering purchasing a property using an interest only HELOC + Conventional loan. It is a 3-family, which after expenses should produce about $360/month (see cost analysis attached). Rents are currentl...
Greg P.
Buying Mansions for $10,000 through Liens? Harabourough county?
Hello, sorry if I'm spelling the county name wrong, but I read a article earlier this week (sorry I can't find it anymore) about a group of investors buying liens and association liens to buy properties for literally ...
Quintin Green
I created an LLC, now what?
Hey Yall, so Im a new investor in South Jersey and I just created an LLC through the government website and I have my EIN number. What are the next steps i Need to take so Im not taxed as a sole proprietor and that I ...
Marc D.
Do you apply for a refund of sales taxes?
I'm paying sales taxes for my supplies when I flip a house. The IRS considers my house as inventory since I am a dealer. If this is inventory, I shouldn't have to pay state sales taxes for the supplies -- but I don't ...
Wayde C Hall
Determining Property Taxes
Hello BiggerPockets!So I'm new and trying to analyze a property and determine its property taxes using our county tax assessors page. The only problem is the property isn't showing up? I'm not looking to buy this pr...
Michael Nelson
Airbnb tax guideline
While the IRS is closed for the “extended government holiday” I thought now would be a great time for everyone to brush up on how to file your Short Term Rental Income. I have attached a guide from H&R Block that ...
Jim Wineinger
Socialism in trouble?
Check out the recent poll numbers!
Americans are finally beginning to understand what is being attempted by the current administration and they are telling us in the polls.
ht...