A bit about me:I currently live in possibly the most expensive area on the planet. It is cheaper for me to keep renting instead of buying here, so I do not own my own residence. I have a high salary day job which I en...
Hi all, rookie out-of-state investor here. I've been definitely going through a learning process after purchasing my 1st rental property back in May 2022, and now have encountered another headache where I almost feel ...
Hi guys,
I need some investment advice.
I've been on BP for about 6 months now and I'm looking to invest in Real Estate within the next 2 years. I don't have the money right now, so I've decided to save 50% of my i...
Hi All,What kind of taxes do I need to pay for operating an STR in Seattle? And if possible how do I find out how much this/these will approximately be?Thanks so much!Gulliver
I am curious if classifying my spouse as a real estate professional can offset ordinary income when filing jointly. She does actually classify as such. We have rental properties in various LLC's and until recently w...
I have another scenario to discuss. Before that, yes I'm doing a 1031 exchange and the funds are in the account now using an intermediary. So here is the scenario:Sold Property for $85,500, original purchase price was...
Hey All,Newer investor here from Phoenixville, PA (Philadelphia Suburb.) My partner and I have created an LLC and recently purchased 3 SFH (buy and hold.) We are hungry to buy more and both of us may have the option t...
And by far, is income taxes. I know there are tremendous legal methods how to not pay income taxes, or to pay very little. Judge Learned Hand(his real name!) once said in a court case " it is the right of every Americ...
I am looking to get into REI and have six figures in retirement accounts to potentially obtain multi family in Chicago market.
Friend / Mentor uses Equity Trust Company to purchase and hold real estate in IRA throug...
I have just started looking for single family houses to buy and rent in the central maine (waterville, winslow) area. My plan (abbreviated) is to find plain but nice homes in decent areas, (not "high end" areas, just ...