Do you have to have an LLC in order to claim real estate related business expenses? If not, how many deals do you have to do per year so that you are consider as running a real estate business?

What is meant by “passive activity loss” for a real estate professional? I am currently 37% tax bracket and all passive activity losses are void for me (IRS form 8582).However, it states that “unless the taxpayer is a...

ENTITY INSANITYTHE REAL DIFFERENCES BETWEEN LLC’S & S-CORPORATIONSSo you’ve decided it’s time to start a business, Congratulations! You’ve know realized/learned that conducting business without the blessing of li...

In the process of closing on my first SFR and could use some tips on choosing an insurance policy.
How do you determine when a policy is good for the price? What are some red flags to look out for?How much coverage ...

First post on bigger pockets! I’m under contract on my first 3 family home and I’m exploring insurance options. I’m hoping someone (anyone) can shine some light on the differences between Homeowners, landlord, umbrell...

What is an umbrella policy for rental homes? Should I go LLC

Hi there!  I’m a beginning investor and am trying to wrap my head around the tax benefits involved with real estate.  My main question is regarding depreciation.  My husband and I are high wage earners, so from what I...

Hi thereI am new to investing, looking at a SFH for my 1st rental property and trying to understand the tax benefits that are often spoken of on the podcasts. But, my CPA says that because my AGI is >$100,000, I am...

What are the basic component of a good insurance policy? Thanks.

Hey everyone, I recently acquired a duplex that I'm house hacking (renting out top unit, living in bottom). Does anyone have any tips or pointers for things that I should want in my homeowner's coverage?I'm mainly tal...