Hello All, Quick question to see what others are doing for optimizing tax advantages for STR. Background:We got a second/vacation home during the pandemic and now its ready to go online as an STR in the Russian River ...
Hello Everyone,I am a new real estate investor. I just bought my first short term rental in Pigeon Forge, TN. Things are going great but I have a couple questions on business structure and maximizing tax advantages.Th...
howdy, there has a lot of chatter recently about getting an RE license when wholesaling. i have thought about it, but in WA state it's 90 hours and $400 or so. the 90 hours is the real turn off for me. could someon...
Have an interesting deal pending. A short sale was listing in my target area. I made an offer (full asking price, 2% concession) fully expecting to get a highest and best counter which has been the pattern here in P...
My wife and I are partners in the business and have started flipping houses in addition to owning rentals... She does the bulk of the work on the flipping side but our current operating agreement is set up 50/50 for t...
I heard an economist on a podcast years ago describe how the baby boomers made and broke businesses by the large demographic of people and their buying prowess. Right now it is assisted living right? I am interested i...
(Hopefully) Soon many of us "newbies" will be making their first moves in the REI world. It's quite a daunting idea that seems to overwhelm a lot of first time buyers for various reason. One reason that I have recentl...
Hello
i have a traditional 401k from old employer it has little over 100k, I would like to move it to an SDIRA or Solo 401k to make some alternative investments. I also have some passive losses for this year due to a...
Hi there, I am a newer member here to Biggerpockets and I am doing a lot of research into Wholesaling. I am new to RE investing in general, but lack the $$ to really get started in buy and hold. I am looking at get...
Where do I start. I have a Villa in pre-foreclosure that is rented to a woman in 40's who originally signed a lease with us thru a management company. She has been using the fact that the house has been in foreclosu...