What is the difference between REPS hours and material participation hours? My understanding is that material participation are hours that you are actively doing for your properties (day to day and trying to improve t...
Hello, I had a question about being seen as a real estate professional for tax purposes. If I'm "House Hacking" my primary residence does that count as hours towards my 750 per year?
Hi all,I'm new to investing. I'm currently searching and working several deals. The one that intrigues me is a mobile home in a park. I get that it scares off a lot of investors but I look at it like a Condo or Townho...
Greetings Fellow Investors,
I’m Jerome Williamson and this is my first Posting on BP, and we are very eager in becoming a Real Estate Investor. My initial goal is to enter the Real Estate Marketplace by participati...
New to the business, I've done a lot of research, and I've ran across the ideal of using seller financing. From what I understand, purchase the property using seller existing financing from the bank for a agreed perio...
I have a question about 1031 fraud.
If a seller signs a form 1031 for a million dollars, but the money was never transferred to the seller from the escrow company, and the buyer never planned to allow that to...
Recently I took possession of a tax deed property in Etowah County, Alabama. The locks were changed, no trespassing signs were posted with my contact info and cleanup is underway. The structure needs repairs to prev...
If you own rental real estate, there are three different ways to treat your rental losses depending on your status. One of these is "Real Estate Professional."
First, let's dispense with one myth: Real Estate Profes...
Team
I spoke to my attorney about the Wholesaling Contracts and Forms that I obtained from a product I bought. He reviewed and said things are good but started talking about my Wholesaling and wanted me to make sure t...
I am wondering if some could provide a simple explanation, or point in the right direction, to help me understand what types of Syndications or other forms of joint but passive ventures qualify as the 'reinvestment' p...