Hello guys! I have a good W2 income as well as STR income.
2023 is the first year I thought I could qualify for RE status as I am working as the property manager, handyman... (750+ hours) man I worked hard!
Just fi...

Hello BP community. Just closed our first rehab deal 13 days ago. We got a few bids and decided to use contractor referred to us by wholesaler who also does several flips in the same area. Prior to closing on proper...

Hey everyone! As the title states, I am in the process of becoming a real estate agent in CT, I was wondering if any seasoned agents can share some insight on their experience of being an agent. Currently  I have a fu...

I had two questions on my first rental property that I recently bought1. Can I deduct the closing cost in my rental property taxes for 2023. I just bought it in Nov 20232. To buy this property I had taken out a fixed ...

Hello bp members, i have been considering going for my real-estate license in Massachusetts. Does anyone have any tips or advice? How difficult was it to switch and get started selling homes? Is it possible to be an a...

You know that pigs gets fat while hogs get slaughtered. The Tax Court once again illustrated this cliché in its recent decision in the Harrison v. Commissioner case (T.C. Summary Opinion 2022-6).
Nicole Harrison was ...

What tools are people using to automate their rehabbing/flipping business?

So I agreed to a binding deal last Sunday on what would be my first investment property.  It's a single family home in the neighborhood I've lived in for the past 4 years, and knowing what I know about the real estate...

What recourse (if any) would an investor have over a contractor that did not finish a project in the timeframe agree upon in the written agreement if the agreement did not include a penalty?

I’m interested in doing real estate part time at least to start out so I have a solid income on current job. My question is, is it possible to have a part time steady income as a real estate agent? I’m being told no a...