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If I earned interest on a promissory note, but incurred expenses to loan that money, how do I report that?I loaned money to a real estate investor who then used the money to fix and flip a property. He gave me a promi...
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Hi there,
I'm about to close on my first property (6 doors) and am realizing that I don't know how to collect rent in a convenient fashion for the tenants. I have been told to use Baselane so that they can ACH transf...
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I’m having a cost segregation study performed this year that will essentially allow me to reduce my taxable income by 20% of the purchase price after subtracting the cost of the raw land. My question is can I still d...
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Hi -
Besides QuickBooks, is there a super really easy software package that will help you keep track of your expenses on repairs or improvements as they incur so that when it comes to tax time, you can easily import...
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Just wanted to introduce myself. I'm John, a new fix and flip investor in Columbia South Carolina. Looking to connect with midlands South Carolina wholesalers. Looking forward to learning and growing in this business.
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Hi, I got turned onto Bigger Pockets when I found the podcast sometime last year and have listened to almost all of the shows (up to around show #045 now). I've always been interested in real estate, but with zero ...
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Hello, I have a 3 bd 1 ba. I finished the remodel and am looking for tips on marketing the property. The property has been listed for about 2 months. I have spent about $100 boosting on facebook marketplace. It's also...
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While doing some research, I came across a concept for flipping houses called the Option to Buy, which I assume you're familiar with. Purchasing the property after leasing it. Through my research, it seems like an ...
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I am looking for a certain app or software that allows you to simply enter an address on a property, and the software will give you a rough ARV, will provide a range for estimated rehab cost, and provide a max off...
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My business partner and I have accumulated enough rental units that we need to start developing efficient systems to scale. One of the early steps is to develop a web site and business email addresses. The obvious r...