How does taxes work for wholesale income? Specifically is it considered capital gains even though you get an assignment fee?

So I was reading an article where they were saying that money received from rental properties for example is considered passive income.  My question is, if I have an LLC which I want to own my rental properties and th...

Last year I owned no rental property and spent little time on real estate. This year I will acquire at least one rental property and meet the qualifications for both Real Estate Professional and Material Participation...

Ok, so first I want to say I'm not counting my chickens until they hatch, however, as this deal gets closer to closing I am left wondering what I should do with the money. 50K profit on my first wholesale deal that I ...

Hello, I am in the process of selling a property in Indianapolis, it was purchased as a primary residence but have been renting it out the last five years. I live in Minneapolis and its been a hassle to travel for rep...

Hello,  I am a beginner here and looking to start my real estate business journey.  I have a property I would like to purchase and now looking how to best finance this. I have some money set aside for down payment etc...

I rent out the in-law unit in my backyard. I also have a full time W2 job. I want to roll over my former employer's 401K into a solo 401K so I can more flexibility wrt investments. I don't want to put my rental income...

Hey everyone,
I’m almost 30 years old and paralyzed from the neck down, living in New Hampshire. I rely on personal care assistants (PCAs) for daily help, which are fortunately covered by government benefits. However...

Good morning everyone,I did a search for this topic, but after going through the first 4-5 pages of search results I decided it would be easier to post this question. I was talking with a friend about investing in rea...

Hi BP folks,I'm completely new to real estate investing, so I'm still in the process of learning the ropes. I've learned a lot from the forums and podcasts so far, but before I pull the trigger on my first property, I...