To qualify as an RE Pro you must:

1. Spend more than half of your total working hours in an RE business in which you materially participate.
2. You must work at least 750 hours per year in a qualified RE business....

Hi all!I need some advise on how to best structure my business in 2018. I am currently an acquisitions manager for a wholesaler and started in this field only this year after a lifetime of interest in the real estate ...

I notice that just about everyone signs their posts here with an LLC. I don't know much about being LLC'd. Should I do that prior to flipping my first house or doing my first wholesale deal? If so, why? Is it a li...

Bought my first investment home. Will try to keep posting progress but I do work two jobs and doing this on the side for now. I am concerned about the election and if it is going to effect the market when its time to ...

We are house flippers and looking into setting up an LLC as we have other partners now.  I am not that focused on the liability benefits, but the tax benefits.  Would love any input.Thanks

I've spent the past few months reading books, listening to the BP podcasts(which are great), and trying to educate myself as best I can and am now getting ready to buy first house for flip. I'm trying to break through...

Can the landlord come into property and take away our storage building with our stuff in it just for spite. Has been harasing and discriminating against us since he had husband stop working for him and  other tenant m...

When I apply for an EIN for my mulit-member LLC the IRS classifies it as a partnership by default. It says their are addition forms you can fill out if you don't want it to be classified that way. My wife and I are...

Hello everyone! My name is Chris and I am a newbie!  I have the potential of an off market deal with a neighbor of mine in Rhode Island.  They are an elderly couple whom have resident status in another state and are l...