Hello BP, My name is Kenny Smith.I received my real estate license about 4 months ago, I joined a friends brokerage fresh out of the gate. I originally joined thinking I would learn all of the aspects of real estate w...

This question is for those that are able to earn commission (R.E. agents) and buy their own properties.In NC the commission is funded at closing it appears (unlike some states) and I am trying to use it to pay my clos...

My wife is from Manitowoc, WI and I'm up there more than 12 times a year. Thinking about buying some real estate downtown for a long term play.  Is the worth it right now or would I be looking at losses? Is there any ...

Greetings. Let me introduce my latest project. Your comments are appreciated.This is is not your typical development because of its highly targeted buyer demographic and beautiful site in a city with very strong growt...

Help! I have my mom on our LLC because of her great credit. We fix and flip and now looking to do a cash out refi on a rental we have. She has the better credit, so lender wants to use just her. Will this affect her s...

I looked for answers to this but couldn't really find a clear answer. I am in the middle of my second investment property and using the same agent as I did on the first deal. They are a family friend but are charging ...

So I am about to rent out my first investment property and I am thinking of managing the property myself. I have a potential tenant that is also one of the subcontractors that will be finishing the work on the propert...

Can you guys teach me these rules50% rule70% rule1% ruleand more rules. 

Sources of funding for notes both performing and non performing

Hey guys,
I have a two part question
1. Is passive income not taxed because it isn't earned income??? Or why is it tax free?
2. If you have a rental that is producing passive income. And you sell it, do you owe tax...