Good Evening Everyone!I am in yet again, another situation where I feel the need to reach out to my fellow Bigger Pockets Friends!Long Story short, my friend/Client has just signed a 2 year contract for NFL and is wan...
Hello,I am currently a tenant in an apartment complex in Fort Myers, FL. I am an avid listener of the regular bigger pockets podcast and the bigger pockets money podcast. I have a couple questions about what our apart...
My name is Lupe and I kinda left scratching my head trying to find out what is a "loan bio"I am in the process of doing a cash out refinancing on one of my properties. One of the conditions I have to meet is to provid...
If my deductions are greater than the income generated from my property, how does that effect my tax liability?
Does it decrease the total amount of taxes owed? Or does my tax liability stay the same?
I'm having a hard time finding an insurance company that provides GL and Error and Omission insurance for wholesaling. Does anyone recommend a provider?
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $105,000
Cash invested: $15,000
Sale price: $208,000
$208000 - $10400 Realtor commission - some fees - mortgage...
Hi Bigger Pockets!I have a Airbnb property with a residential "investment property" loan with Pennymac. I understand that Pennymac doesnt allow you to switch the deed to the LLC and I am wondering if I can operate my ...
If you were a long distance out-of-state investor, had a head-shot, and occasionally traveled to see properties and network with other professionals- how much would a lot of tattoo's hold you back? I live in southern ...
It makes sense to want depreciation to offset ordinary income.
Here's the kicker:You need to establish that you are real estate professional. Then you establish material participation.There are two tests to a real es...
Hello BPocketters!!I am creating my REI team and I need a Real Estate CPA and attorney. Does anybody have a referral that works in the Thurston County (Tumwater, Raineir, Yelm, Bucoda, Olympia, Lacey, Rochester, etc)?...