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Hi All,I am claiming RE professional in 2019. I'm active in managing all my rentals, my flips etc...However, I have a passive loss from a K1 issued by the syndication deal where I am set up a limited partnership. Ca...
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Hypothetical question: A married couple, Jim and Maria. Maria is a professional who earns $750,000/yr in W2 income. Jim takes notice, and thinks to himself: maybe I should quit my job to become a real estate professio...
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I've found some, but it's all for large commercial or multi-family properties. I've had very little luck finding someone I can pay, for their expertise/contacts/assistance on how to invest my capital.
Is this a prof...
Hi BP community!We have a SFH currently up for rent. We have two twenty-something, young professional, male roommates who are very interested in renting our property. If they meet all of our financial criteria, have a...
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When the student is ready the teacher will appear... But what is the teacher looking for in a student?What do senior investors look for when scouting out new talent to groom ?What can an eager student of investing bri...
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5 Top Tips Every Real Estate Professional Should KnowsThose who consistently make money in real estate know their market. They know the location and the history. They know what new developments are planned. They know ...
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Hi Everyone,I am meeting with a lawyer, realtor and CPA this week. The purpose is to start piecing together my network for investing. What are some typical questions to ask other than "Do you work with investors?" and...
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Hi All,
Quite new to the forums but have been reading various articles and there’s so much great info out there, I’d love to get some different perspectives on which directions I should continue to research more to f...
Hey everyone, I am new to the site and looking for information on how to go about financing a house flip. I have tons of construction experience and I am looking to get into the flipping business. About 15 yrs ago I...
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In a perfect world I would be able to deduct my real estate losses against my very high W2 income. However, achieving "Real Estate Professional" status is not something I will be able to do in the near future.It has a...