Could you flip a house and use the profits through a 1031 exchange to purchase a rental property?
After years of time spent on research, I've gotten to the point where I'm considering quitting my day job and taking up trading as a career, and I'm looking into options for reducing my taxable income. Some relatives...
Hello BP community!Do I need to work with a local CPA or can I work with a CPA remotely (out of state)? Any benefits/drawbacks to either? Any recommendations on great CPA’s that specialize in real estate investing? If...
There are a lot of levels of a BRRRR deal. A "Full" BRRRR is usually referred to when the entire initial cash investment is pulled out at the refinance stage. In my deal's case we are pulling out almost, but not all o...
Hi BiggerPockets community,
I’m new to real estate investing and excited to learn! I currently own one property, and I’m planning to purchase another. I’m trying to decide whether to rent out my current home or the n...
1. Executive Summary:
Briefly introduce your real estate wholesaling business, emphasizing its unique approach.Highlight the use of Earnest Money Deposit (EMD) loans and efficient double closing strategies.
2. Busin...
I have a pair of tenants applying to lease a property that are on social security. They have shown and given copies of letters that show the monthly benefit amounts. They seem real but I am not sure. All benefits a...
Just wanted to introduce myself! Young professional who has a few homes under my belt in different markets and I am looking to get started with great relationships with wholesalers and turn key providers. Thanks BP!
You Too Can Pay Less in Taxes!
When I first started my entrepreneurial journey, I used to think of CPAs, accountants, and the IRS as the necessary evil that I just have to deal with. Ten years later, I understan...
Lined up a tenant - screened - lease signed - paid first month rent, last month rent and security deposit.
Wanted to start rental on Jan 4, 2014. I suggested why not Jan 1 and make it easier? Said no will...