My CPA advised that since I will be managing the rental myself, rental income qualifies as Active (=earned) income (vs. Passive).
Does that sound right?
I have an active realtor license, but would like to purchase a FSBO property without using my license. First, can I even do that? Second, what do I have to do make sure I don't have to pay commission to my RE broker c...
I have been listening to the podcast in my morning commute and finally signed up for an account. I am active duty military and I am trying to plan for my time after my service. My medium term goal is In 8-10 years cre...
Hello BP'rsDo you have to own a professional real estate broker license to start a property management business? What are the requirements?
Hello! I joined BiggerPockets a few months ago and I want to get more involved in the forums. I am currently a senior in college at the University of Wisconsin-Whitewater. My goal is to purchase my first property in W...
If you pass all of the qualifying tests and indicate at tax time that you’re a real estate professional, does that allow you to use all of your losses to offset gains?i know as a non-real estate professional you are l...
I have a signed contract which is set to close on Friday the 14th, however, my lender fell through. Is there anywhere I can find a hard money lender or private lender that would be able to close by then?
Hello BP family,
I'm an overseas American looking to jump into RE investing.
I am currently considering two strategies.. Either turnkey sfh investing or apartment complex investing .. I'm investing for cash flow ( g...
Hi All, I am starting out investing and hopefully going to close on a property next week. I wanted to ask if anyone ever used investors to purchase additional properties? There are many properties that I would like to...
I'm planning to get involved in a few apartment syndications as a passive investor, potentially doing a small apartment myself few years down the road if I learn enough. Is it necessary to form a company or do an LLC ...