Hey everyone. I have a potential first wholesale deal and I need help with the some numbers. More specifically figuring out the After repair value and the repair costs. I already took a look at the home and jotted not...
Cost segs unlock these savings, but the losses won't offset your ordinary income from your job unless you are an RE Pro.
Here's how to think about RE Pro status to make the best case with your CPA and the IRS:RE Pro ...
I'm trying to nail down my 1st rental property and one of the things I need to do is get a good estimate on repair costs via a walk through of the property. Since I've never done this before and don't have a construc...
I am a Real Estate Professional who bought a Property Management Business a little over 2 years ago. Within that time frame the business's revenue has grown significantly and has outran my tax write-offs from buying t...
im just getting started in RE and am looking for a mentor and great quality up to date market conditions and the most up to date information/education on real time investing. I came across a lot of programs and semin...
Which deduction do most rehabbers use when providing water, snacks, pizza, beer, etc for their work crews (family, friends, etc) on the jobsite?
I had always used the 50% deduction in other businesses, but ac...
i recently bought my first out of state property which needs a major rehab. I've narrowed my GC + crew down to 2 options.
If you are an out of state investor, what are some lessons learned and advice you can share? ...
I wanted to replace part of adjoining fences between my neighbor and my property because they were old and stale. I was thinking if I can talk to my neighbor about sharing the cost (I, the landlord, personally provide...
Hi Fellow Big Pocketers! We're doing a basement rehab, turning it into an Airbnb. I've considered hiring a contractor to do the whole job, but numbers came in so high that I started over and began calling the smaller ...
I have a goal to one day buy an island and develop it with a boutique hotel/vacation property for friends and family to utilize and for a private vacation getaway business.Anyone here invest in exotic land or island p...