In the realm of real estate investing, the IRS sets guidelines to differentiate between active and passive participation for tax purposes. Understanding these rules is crucial as they impact how investors can deduct l...
I would like some agent's opinions on how to market this product. We are trying to explode this product in our market and have done a little over 10 of these so far. Most of the time I pitch this at the listing pres...
I'm investigating if I qualify as a RE Professional for the IRS. I'm retired with no W2 income. Primary income is from real estate, investments, pensions and IRA. We currently own 38 units held in LLCs and privatel...
Hello all!So I am in the process of buying a multi family. This is my first one and I'm excited to pull the trigger finally. The question I have and I have gotten a couple different answers, is when you finance a prop...
For all of you who are married (or soon to be), how are you handling your finances with your spouse? Keep totally separate accounts, merge everything, or make a stand-alone new joint account? My original thought was...
I'm actively seeking a home to flip just outside of Austin. It will be my first real estate investment. I've done tons of homework and have one specific question—my realtor is concerned that if I purchase a home in th...
I am a new investor and I am having a hard time understand aspects of a cash out refinance. Right now I am looking at a quad that is worth $171,000 that I want to purchase. This property needs new flooring, new cabi...
Analyzing real estate deals is like deciphering a puzzle of numbers and projections. It's crucial to understand the financials and market trends to gauge the potential value of a property accurately.
One key aspect i...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Puyallup.
Purchase price: $547,000
Cash invested: $25,000
Duplex buy and hold. Househacked and renovated myself, allowing ...
Hi BP Community - What are you opinions of using LLCs for real estate investing, particular buy-and-holds? I know this is a fairly debated / evaluated topic and I'm constantly getting mixed messages from research so w...