Clifford Pereira
Real Estate Professional (REP) Status guidance
Hi, my wife and I started an Airbnb in Sacramento, CA, this year and are new to real estate investing. According to our understanding:1) California does not recognize REP status, but we could claim it on our federal t...
Dave Poeppelmeier
Mortgage relief from banks: Forbearance vs Deferment
Hello to all new or newer investors! Just an FYI, I have loans on most of my houses, both 30 yr fixed residential loans that I took out in my own name and commercial loans through the business but personally guarantee...
J Zev J.
Who thought mortgage rates would go up this fast?
We all knew the mortgage rates would be going up, but I suspect most didn't think they would go up this fast. It seems like a rapid rise in interest rates opposed to a steady increase, creates more uncertainty in the ...
Joe S.
How to get Lender to halt foreclosure
I had a seller in foreclosure reach out to me this past week. The property that they are needing to sell is going to be foreclosed on this Tuesday. Due to the title company needing more documentation from the courthou...
Sean H.
Primary residence stay "2yrs<1yrs" changes return?
I was doing turbo tax, and im surprised that it is changing my return based on the number of months i claim i used the residence as my primary residence. I realize over two years is tax free, but im not trying to do t...
Ben G.
First blog post - what's wrong?
Can someone help me to create spaces between paragraphs in my blog? I can't seem to figure out how to get a space after starting the next paragraph.
http://www.biggerpockets.com/blogs/4834-testing
Alexander W Gamache
Percent Down on First Duplex
I have been preparing to purchase my first duplex and plan to undertake an owner occupation role in one of the two units. I live with my parents and this will be my first housing purchase, and therefore will not be se...
Amy Raye Rogers
Will there be a recession in 2023?
I keep reading mixed reviews on how deep the recession may be next year. This morning the WSJ speculated the US may not have one at all. Any thoughts?
Dhanush Kondoth
Getting into big project now and then the market tanks
Dear fellow investors,I am in the process of deciding whether to get into a big (at least big for me) deal within the next month or 2. This project will run in the 3 million range. The plan is a typical BRRRR, that is...
Kyle Joseph
How are people staying productive?
How are people staying productive at this time, particularly in terms of acquisitions? I have been preparing my next round of direct mail letters and having conversations with lenders. Not surprisingly, I'm not find...