Hello all,
I'm 24 years old who graduated two years ago from credible university with a business marketing degree. Upon graduation I took a position with a fortune 500 company and work there still. I enjoy what I d...
Looking for guidance for how to handle rental income on my tax return this year:
1. Rented a room in my town home to a friend from May 2021 to December 2021. I live there as well.2. Made around $3k in rental income (...
Hello everyone! My husband and I have been listening to the BP podcasts and doing our research on real estate investing for the past few months. I am a military spouse, husband is a Marine on active duty and we are cu...
Wondering how many will be taking advantage of the new safe harbor rule? Accountant says need to be in a trade or business and pay SE tax. What is your take?
I've been using Turbotax for years but it no longer supports my situation. I completed two flips then rented the homes. Turbotax asked if I "materially participated" and I said yes, but they don't support this scena...
I currently leased my third property and will have my sister manage my properties for me. With that being said i dont know how much to give her monthly and does she need to be a licensed broker or agent to be able to ...
I have signed up in this site in 2015 but I never engaged. 5 years later, here I am again. But this time I have the itch for learning about how to get started in REI. My goal is to buy my first real estate investment ...
Hello Everyone,,I'm so thrill and excited to be apart of the BP community. There is so much to learn in here and everyone in the community seem so supportive to one another. Im a amateur at all this. Real estate inves...
Hey, BP tribe,I stumbled upon a truly fascinating recent court case: https://www.leagle.com/decisio...The case itself was devoted to a rather technical issue known as innocent spouse relief. Basically, the IRS was try...
Hello everyone,
Having recently moved here from Memphis, TN, I've been immersing myself in understanding the local market dynamics and am eager to connect with all of you.
I'm particularly interested in discussin...