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Several months ago, I entered into a partnership with someone that was offering to put up all of the money for my investments. We agreed in the beginning that we would be flipping houses for a 60/40 split. I get the 6...
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I am looking for recommendations of a CPA or tax adviser to answer some income tax questions about my real estate investing. I am comfortable doing my own tax return filing, but have a couple questions about some of t...
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Economic Update
(Monday, March 15, 2021)
Almost exactly one year ago, March 11, 2020, the World Health Organization declared a “Pandemic” for the first time in a hundred years. Look at all that has happened in th...
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Hi everyone, would love to get some advice for BRRR method. I have a property currently that I want to use for the BRRR method. I can take out about $100K to purchase other residential real estate. Property is current...
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Your answer might be, it depends on so many factors.Before you give me your opinion, here are some details of the deal, I have few debt free rental houses that i want to cash out to purchase another rental house.in m...
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David Greene briefly mentioned the 1% rule for shopping for investment properties. I am shopping now for my first property, can someone explain this?I guess I am really trying to find out what the minimum cash flow s...
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I am going to file my 2022 taxes as a landlord (for the first time). I have only received a form 1098 from my mortgage company. These forms have a field for "prop tax" and "insurance paid" but they both show $0 paid i...
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Hi fellow BPers. I stumbled across a book that was mentioned in one of the forums here called "The Wealthy Code" and read it cover to cover really liking the ideas, content and the way it was written. The author wrote...
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Hi everyone,When does it make sense to pay off your primary residence? Thanks!
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Hello everyone, anyone I have spoke to about REI in my personal life all tell me the same thing: don’t get into real estateThey are all people who have had properties themselves, have tried to rent them out and have t...