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Dear Community,I've been reading BP for a while now and as it has been said many times before: this community is really amazing and I'm thankful for that. This is my very first post and question on these forums, so I'...
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Hello,I'm looking for one or 2 subcontractors that can handle my future rehab projects. What questions should I be asking them? How can I screen them? I'm trying to answer these questions so that I have some sort of f...
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I am looking for clarification on the tax implications of purchasing investments properties outside of the state of Texas. I currently reside in Dallas where my LLC was formed and will remain based. I am considering p...
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Hello! I’m seeking advice from people who are familiar with the Murrieta/Temecula area in Riverside county. I’m looking to purchase my first rental property here and want to make sure the numbers work. Im looking at S...
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I think I have it narrowed down on how I want to initially structure my new business (an LLC with S-corp destination so that I don't have to pay both Personal Income Tax on profits + Business Corporate Income Tax; I w...
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Is there anyone out there using the rental arbitrage strategy in Charlotte? Just from taking a quick look around I found that there are less that 1000 STR's in the Charlotte area proper and was wondering if there are...
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Hello BP, I have a question about private lenders. My Question about private lenders is, are they just regular people that you know that will lend you money to buy investment properties, or are they people that specia...
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Hi all!Newbie to REI! I'm a 35 year-old husband to an amazing wife, father to the best two kids ever, brother, son, mentor, mentee, friend, Jesus freak. I'm a passionate, motivated, career ladder climber looking for ...
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I'm a newbie when it come to income property so I have a question about how the taxes work and what I should do to prepare for tax season. I want to ensure I do this the correct way.I've been in my house since Dec 20...
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Hello everyone,I sold my investment property last year and realized a capital gain. I also invested in a syndication for which I received my first K-1, where box 2 shows a net rental real estate loss. Can I use that ...