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I was reading about and researching this over and over again, books, IRS pubs, here, elsewhere. I cannot get a conclusive answer even in forums with seasoned CPAs debating this topic.
That much is clear:
- If you hav...
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Hello all, First off, I would like to say that BP is such an amazing community. Before a friend told me about BP, never in my wildest dreams would I imagine such an amazing resource exists, where experts in real estat...
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Hi, my name is Hannah and I am new to REI. For the past few months I have been educating myself and soaking up anything I can. I know sometimes getting started and pulling the plug is the hardest part. I want to be ab...
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Hi Everyone,I have been interested in real estate investing for a couple years, but have decided NOT to pursue buying rental homes at this time. I have three young kids and decided it would be easier to invest in sto...
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Aside from Memphis Invest (now REI Nation), what other turnkey companies have an in-house property management team? A friend of mine was considering turnkey, and I advised him to look for turnkey providers that actua...
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i purchased my primary home with my wife about 5 years ago. since i purchased my primary, i have also purchased close to 5 pieces of rental properties. three are in my name personally and my llc owns 2 of them. my ...
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I want to get some feedback on an investment strategy I used in 2003-2005 that I call the "pre-construction flip". It works like this:Identify high appreciating markets (greater than 12% annual)Identify home builders...
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My basement has flooded, possibly due to standing water in one of the window wells. There is water pooling up under the mulch next to the window well on the side of the house, and I can see water seeping into the wind...
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I have been wholesaling since the beginning of the year, but I am still at the point where I have not closed a deal as yet, and looking forward to the day when I can write a post in the "Success stories" section o...
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I currently have 3 units, with 2 more coming soon. I am looking for something geared toward smaller self managing landlords. Looking for the ability to list properties, receive applications, screen tenants, receive re...