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I am looking for advice on the best way to go about my situation to purchase my first multiplex. I am self employed in an industry that tends to sway each month drastically and is directly effected by the economy. My ...
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New landlord here.
Got served an ad for this tool that detects if paystubs are edited / fake. Says it’s free but not sure what the catch is?
Has anyone tried this?
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My husband I and purchased our first rental at the end of May. We are wrapping up the renovation and are putting it on the market in the next week. What guidelines/qualifications do you use when considering tenants? i...
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Hello BP!
I am trying to decide what city to invest in...multi family, SFH for buy and hold. How do you "vet" a city for stability? I have tried researching online but I haven't found what I'm looking for. I will ...
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Hello everyone!Little background, then question. Thanks in advance for your help!My name is Josh. My girlfriend/business partner and I are looking to buy a few rental properties. We are currently looking to move from ...
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I will try to involve the Property Management for my friends, and want to know:
1. the Property management income belong to passive income or active income?
2. if the property management income belong to active income...
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BP,
Again I don't have a Flipping clue. Ok that was a lot funnier in my head. But seriously, I was reading several posts on here about SE taxes and got a little confused.
What exactly gets taxed? Is it all prof...
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Hey Bigger Pockets, back in April I switched from a W2 job I had for 5 years to self employment. I've talked to about 30 lenders and get the typical response of "you need 2 years of verifiable self employment income"....
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Hello Everyone it’s a happy day!, just when I was thinking that my offer might have been a low ball one it got accepted 35k under value!. Wanted to get some input from everyone on what I should do with the tenants the...
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Looking for recommendations to a CPA that is real estate investor savvy and friendly. Want to figure out the best ways to give myself a tax shelter from any self-employed income I receive. Anyone know someone good?