Do I need to have my RE license in order to manage my portfolio in CA? Can I qualify as a "real estate professional" for tax purposes, if I manage my portfolio without a license?
Have any of you gone from owning no property, to owning several individual properties, to eventually an apartment complex? How did this process play out for you? Was this your goal from the beginning? How did your por...
Hello, everyone, I am from Massachusetts but will most likely moving to Tennessee or Florida sometime in the next year. I've been on this site since August 2015 but had the feeling I was too young at the time, as well...
So when I first became a biggerpocket's member I asked a question in the forums is REI worth a divorce.. my question is now how can I protect my two vacant lots on the lake that i just purchased since August now that ...
Hi BP community! My partner and I have been given the opportunity to purchase some land (around 1 acre) in southern Costa Rica about 8km from the airport. We’ve always wanted to go there and have many friends and fami...
I’ve done the fha loan and house hacking naturally. Before finding out about bigger pockets. Currently living rent free for 4 years now. I have saved up 50k. My home equity is up by $225,000. Now I converted my fha to...
Hi BP and especially my Miami BP,
Just wanted to shout out my latest fix and flip deal that closes this week. Had a few bumps especially with COVID taking over this summer. However with the market heating up, extreme...
Hello BP community! I am just starting out my REI journey. I am pleasantly surprised to see such a high volume of active users in BP forums.
I want to see how many of you here already achieved (your definition of) f...
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 ...
So I put one of my rental properties under contract to sell today. I calculated these numbers last night...and actually when we put it under contract, we had a last minute bump in price by $10k that pushed the IRR up ...