Earnings too high to claim passive losses?
so what happens if you have lots of passive losses on real estate - but your active income is over 150k? is there a way to still claim those loses if you are a full time emp...
What type of insurance do you all recommend for short term real estate holding and construction. Liability, etc? Also how do you generally hold title? LLC?Our plan is to flip and only hold for 4-6 months.
Hello!In the near future, I will be making a move on a property that I will be house hacking.However, my soon to be wife is afraid that any roommates we may have that she does not personally know will turn out to be e...
Hi folks! This is my first post on BP (yay!) I appreciate all the advice on this platform and love being a part of this community.I just came back from Las Vegas where I was looking for my first investment property. I...
Hello Bigger Pockets Community,I would really love to get the advice from those who understand the Orange County, California market. I am just starting out and would love to invest in a property here in Orange County,...
I am renting out a studio apartment, the majority of applicants don’t have credit at all. Would any of you landlords out there rent to people who don’t have credit at all? What else can I take into considerations besi...
As I understand it a bank will loan 80% to the investor directly, and then the seller takes out a 20% loan to finish off the remaining amount the investor couldn't muster up. Is this correct, and if so how would th...
Hi my name is Elliott. This is my first post here. I've been saving and educating myself over the past couple years and am about ready to make my first investment in a rental property to help on my way to financial fr...
I have a one family house renting out the top living in the basement. My CPA says when I file I should not file showing the rental income because if I want to sell then I will not get the 250,000 tax free allowance. I...
Hello Bigger pockets,
I am hoping someone out there (or possibly a blog post in the near future) would be able to help me understand lending better. I have been in real estate for a while now, and I feel as if I have...