To the High W2 earning BP members out there, what strategies have you used to decrease your W2 taxable income? Depending on what state you earn your wages, income tax rates of 40-50% are unreasonable. Most of you like...
I am a real estate agent in CA looking to buy rentals in Arizona. What would you say is a hot city for rentals? I am doing my research but will love to hear from real people and investors. Thank you all in advance for...
I have searched the forums and blogs on the subject, and it seems to be slightly leaning toward CPA/professional preparation.I have used a professional for the last 10 years and each year, my costs have increased (we ...
Hello BiggerPockets community,
First-time poster here!
My wife and I are amateur property investors, and over the next year, we're aiming to get more serious by purchasing several small multi-family properties. Here...
There has got to be a wealth of information on BP about this subject but I can't find it! I am interested in the BRRRR strategy and also out of state investing using conventional mortgages but want to get the best ter...
I know: turnover is the biggest expense. But let's be more specific. Is it:1. Time sitting vacant during turnovers?2. Losses due to excessive wear-and-tear?3. Maintenance or capex?4. Expensive property management?5. M...
Hello fellow BP'ers,
Both my partner and I are self employed in the horse racing business. We can't provide any W2's or a proof of monthly income due to the fact that our earnings are based of off race outcomes...