Nick Stenger
home office deduction in s corp
has anyone had success claiming a home office deduction in an s corp? I have only a couple of properties generating income and I think I can offset most of my income if I do it properly.
Bienes Raices
Making offers when using the listing agent--how low?
The subject of REO offers has been covered ad nauseum on here, but when you go directly through the listing agent, how much lower can you offer as opposed to when you use a buyer's agent? Just the buyer's commission a...
John Meza
How to successfully make an acceptable offer on a REO?
I'm working with buyers who want to purchase REO's at 65% -70% discount. I'm also working with REO agents who list their properties close to retail. I submit my offers. The asset managers reject them. They don't count...
Billy Borus
Tax Impications for Accepting Rent with Cash or Check
Hi everyone, new investor here, with my first property (house hack). I admit I have not studied as much about taxes as I studied other aspects of REI, so I'm trying to learn as much as I can, before tax season. I bou...
Edward Shen
How much should I offer for Hud Home and what to know?
Hi everyone, I am planning to buy a Hud Home and wanting to flip it. I came across the idea while watching Biggerpockets videos. However, I do not know anything about purchasing a Hud home and how I should go about it...
Sam German
LVP of choice for long-term rental?
We are putting in about 1,000 sqft of LVP in our newest live-in renovation project.Any suggestions for material or brands we should look into/avoid?We saw Mohawk brand planks at Costco but the price was almost too goo...
Mark Updegraff
Using a buyer's agent versus contacting the seller's agent every time and why REALTORS need a special level of TRUST with their "investors"
I'm a licensed broker here in Upstate NY and I'm amazed at the lack of understanding that new investors have when it comes to agency. A close colleague and mentor in the business put it quite simply when I shared my ...
Jacob Essenov
Bidding on HUD property after 1st price reduction
Hello all,I'm not an investor, looking at a particular HUD property as an owner-occupant. I'm using a real estate agent, who is registered with HUD and can make bids on my behalf. House recently went from exclusive bi...
Kelly Payne
Realtor wants to do verbal offers
I've been looking at properties on the mls that have long dom, need work, etc.
I'm putting in pretty low offers and my realtor wants to give verbal offers to the listing agents to see if they're even interested, inst...
William W.
Tax Implications of Sale of Primary Residence to LLC owned by me
Hello. I've seen this question asked before but I haven't seen an answer that address my specific concern. I think the question is best posed to this sub forum.I have a condo that I've owned as my primary residence....