Val Csontos
Hi Tax pro's, I need you input please on "Active vs Passive" status question.
Just seeking for second opinion on this Tax situation: I am a fulltime Investor and I according to the IRS Sec 469c I qualify for the "Active" status, BUT my wife has a fulltime job with, w2 salary. We own an S Corp ...
Dedric Polite
Starting Commercial Real Estate Investment Group
Hi BP'ers, My partner & I are looking to start a commercial real estate investment group. We own several residential properties, and are looking to get into the commercial RE apartment building space in a major wa...
Adeel Syed
USDA Business & Industry Loan
Hi BPI'm looking to buy a strip mall in rural Michigan for 2M and 90% LTV. I figured I could get this done through USDA and have a lender who's quoting 6% on a 30 year adjustable quarterly. How can I make sure this ...
Frandy Ho
Does anyone know RE investment using Self direct 401K
I am looking into settin up a self direct check book IRA account and transfer existing fund in my 401K to invest in RE. My goal is to get stable rental income each month to support my living. I think its saver than st...
Justice Cannie
Short term goal
My current situation is homeowner and I manage one rental. I want to buy another house. Most likely I will rent the house I'm currently in. The price of the house I'm looking at is about 200k. I've saved several thous...
Robert Norvell
Hardball?
Recently I followed a particular house as it did several laps on an auction site. I placed bids on it several times, The first time for $40k which was trumped by $45k, then at $36 which was denied because it "didnt...
Jin Lee
Hello from Stamford, Connecticut
Hello BiggerPockets Community,I've only recently discovered the BiggerPockets Community and I am so impressed with the level of activity and quality of individuals who participate in this group. I am a Law Student (pr...
Eric Schlegel
Selling your house or not selling your house to invest
Hi everyone-I recently joined bigger pockets to expand my education on the world of real estate investing since my wife and I purchased our first home two years ago in California and now are sitting on about a 30% inc...
Brian Sipes
Greetings from northern Virginia
I've been lurking on BP for a while. It's finally time to go from lurker to active participant. My name is Brian Sipes and I live and invest in northern Virginia. I currently own one rental property in Woodbridge, VA ...
Mike Medo
WHERE ARE ALL THE INVESTORS
We are currently searching for investors to help expand our home renovation company. At this point there are several distressed homes along the Michigan shorelines. Finding investors to put +-$800K on the line has...