Yeshua Smith
Can you deduct real estate purchases from your taxable income?
Hi, I'm new to real estate investing. I was wondering if I form an LLC to use for making investments, could I deduct the purchase of real estate from my regular income? For instance, let's say I make $200,000 a year f...
Wendell De Guzman
I Am Thankful for Biggerpockets Because...
What are you thankful for Biggerpockets this year?For me I am thankful to BP because...1. I sold 3 houses to 2 BP members this year 2. I acquired a wholesale deal from a BP member netting me $28K profit3. I added 200 ...
Daniel Reeder
Considering a multi use build in downtown Birmingham
We are considering buying a 9800 square-foot two-story building in downtown Birmingham. The bottom level to house our business. It is the only building left available in this specific district. The building is struc...
Jackie F.
How to establish credit and financing for my Real Estate LLC?
Hi BP,I currently have 4 rental properties with mortgages under my name. I am looking for my next property, but would like to finance it under the name of my LLC. All my LLC has is a credit card. I only have 1 year...
Jim Shiminski
Need input on best way to structure financing for office bldg
My business partner and i own an office building that our company occupies. We bought the building about 4 years ago with an LLC. We are 50/50 in the LLC. We purchased the building for $250,000. We paid cash in the tr...
Reginald Guercin
READY TO MARKET AS A WHOLESALER! NOW WHAT'S NEXT?
Hi BP, So I finish creating my business entity, created my entity logo, create a postcard template, created a business card template and ready to take action and start marketing. All I need to do now is to build a nic...
Amma Boateng
New Member from Dallas, TX!
It's 6:15 in the morning and I have been lurking this site for a few days and finally signed up to be a part of this community! I'm already learning so much. I'm glad to be here.I want to start my REI journey, somethi...
Jerry Ruday
I Own one and want two.....
Hello to all. This is my first post on biggerpockets and I am excited to get involved. Recently I purchased my first investment property. A Victorian styled home, wich is a commercially zoned duplex. The downstairs is...
Account Closed
Fix & Flip vs. Build & Flip
Hello All,Does anyone on here prefer to build and flip the new construction?The market where I live has become extremely tight, I started flipping homes and slowly had to shift my business to buying spot lots to build...
Marc Augustine
loan
i do that for a few clients
its a combination of a few loans from 20-100K and they add up