So been a lurking in bigger pockets for a few years. I would like to purchase a property within the next year or two. However I have a few reservations. Currently I am working  as a cashier. I am 30 Years old. I dont ...

I’m trying to calculate my expected real profit vs the basic formula and seeing income tax taking a hefty chunk out. Is this right? Can you please correct me where I’m wrong? Simple numbers for sake of conversation ...

I’d like to get feedback on a strategy I want to pursue. I work in Silicon Valley and make well into the maximum tax bracket. I wanted to pursue REI both as a way to invest extra money (already maxed all other tax adv...

hello all.  first post here.  I am interested in getting into the real estate investing world and have a few introductory questions.  Unlike many of you, I have no interest in doing this full time (at least not until ...

I am looking for some ideas as I have around 60k of passive income generated from Investment in Tresuries in addition to my w2 income. Can i purchase land and offset the mortgage payment against it as passive loss and...

Hey BP,Looking at starting an LLC to manage future investment properties.  Anyone have experience operating an LLC and not having to pay self-employment taxes?  Here's my understanding of the IRS code on this question...

Hi Bigger Pockethttps://semiretiredmd.com/primer-real-estate-professional/
I just read this site and it appears to something very beneficial to me.
Background - I am a doctor who makes over 500K(1099) clinically and...

I was wondering if it was possible to do a cash out refinancing for a commercial property without a w2 job. For a conventional 30 year residential, this is not possible as banks look at income.However, I believe this ...

I will have 2 rental properties, each generating income and losses.  Can I deduct my business expenses as a real estate investor (car, office expenses, business meals, computer, etc) outside of the profit/loss sheet f...

Has anyone used graduating college as a source of gain stable income that has helped with purchasing real estate ? i would like to know people opinion on using school as a starting point even if the field isn't rea...