Account Closed
Is your real estate investing activity a "trade or business" or an investment activity?
I ask this question because there are real differences in what you are allowed to deduct, capitalize and report in these two situations.
Investors that are wholesaling and flipping are typically in the business of re...
Mark Updegraff
The Marcellus Shale Money
It seems to me that the public at large as well as investors are unaware of the BOOM that is happening due to gas exploration! I think that everyone will agree that in our field we keep our eyes and minds open at all...
Account Closed
Proposed Metro Rail Extension by my units - Time to sell?
Hey BP Gang! Looking to hear your feedback on how the following issue may impact the value and rent premiums my property (duplex) demands. Some of you who reside in so-cal may be familiar with this issue.The Metro i...
Jason Martin
Would you rent to your brother in law?
Will be purchasing first single family home investment later this year and wondering how many people would rent out their first investment property ever to family. Background: Have a good relationship with the brother...
Joanna Lenn
Tax man says "Become an S Corp" - thoughts?
Hey there! I own a triplex and I also work a full time job as a W2 employee. Due to the new tax law, my tax man says I should become an S Corp asap. This is based on my typical deductions every year - regardless of m...