I have been doing my own taxes and have a large amount of Passive Activity Losses from my rentals, don't want to mention the specific number but it's a lot in the thousands. I'm a W2 employee, all long term rentals, n...
I am a real estate professional and my spouse has a regular job that makes most of the money (w-2), he makes about 300K and sometimes gets bonuses.I plan to buy 2 properties in 2022 as short term rentals and 2 condos ...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $440,000
Cash invested: $120,000
Two 4 plexes connected by a parking lot purchased, all but 1 unit was occupi...
There has been an increasing demand in recent years for self-storage units to store business items and personal belongings. This demand has attracted real estate investors as it can be a stable and lucrative sector of...
Investment Info:
Single-family residence buy & hold investment in West New York.
Purchase price: $840,000
Cash invested: $300,000
Beautiful new luxury condos in West New York, NJ - just north of ...
Hello BiggerPockets community, I'm a new newbie to real estate invsesting and in the past few months I have been learning so much about it so I gathered some questions for topics that I did not understand well and I a...
Hi all,
Was just wondering about wholesaling without an llc/scorp. Is it ok to just use your name, and for how many wholesale transactions? I want to use profits for income first but I know taxes can be a pain (I'd l...
Hi all,In 2022 we completed a large cost seg study on our rental portfolio. We qualified for real estate professional status since my wife doesn't have a W2 and is hands on with our rentals. A very attractive tax savi...
Novice real estate investor here. Can someone help me understand coc roi. I understand it's cash on cash return on investment. When I'm analyzing deals, it's coming up as 0.02% or even negative percent if i'm overl...
Hello all,So I will be moving into the real estate field in Feb. (retiring 20 years Marine Corps)I'm going to be a licenses real estate agent (TN) to get my feet wet, then dive deeper into flips and rentals. My questi...