Tom R.
My plan to 6 figures in passive income.
Hello fellow investors . I am an absolute beginner. I am closing on my SFR in a couple of months. My goal is to make six figures in passive income in ten years . My first property I purchased for $99.5k. I put $20...
Anya Stewart
Creating Passive Income for Senior Parents through REI
Hi! So excited to be a part of this community.
I am planning to move my parents to the US soon within the next 1-2 years.
I have good chunk of cash to work with and I am trying to think of passive income strategie...
David V.
Deducting passive RE losses from nonbusines income (salary)
Can I deduct passive RE losses from nonbusiness income?? I was not aware of this. Is this true??? See section in bold/underlined belowBelow is an article from the Washington PostTax change in coronavirus package ove...
Aaron Murphy
Using depreciation to offset active vs passive income
I am in the process of setting up a house I have recently purchased to be a rental property. My understanding is that I be able to use depreciation of the asset to offset income from the asset so that the property sho...
Tim LaRiviere
looking to create passive income with real estate
Hey everyone,I'd like to start out by saying that I am new at this whole real estate investing thing and hope I can get some advice on some things. There is sooooooo many articles that I have read, and it gets to be ...
Benjamin Riehle
Importance of Passive Income in the Gig Economy
I wanted to share my thoughts on an article that I recently read in the Harvard Business Review. The article discussed the current job market, and how the lifetime career model is disappearing. The central focus of th...
Andrew Bellini
RE syndication depreciation NO other passive RE income
I am looking to break into the real estate investment group and am particularly interested in RE syndications. I have no other passive real estate income and am a W2 employee.
Reference depreciation, the syndicatio...
Paul Choi
Starting with investing, flipping and ultimately passive income
Hi all!Love BP and the community here! This is my first post but I've been a lurker on the forums for about a month. Listened to about half of BP's podcasts on youtube, read Rich Dad/Poor Dad, networked with a few r...
Ankit Gupta
Feasibility of generating significant passive income with LTR
Hello,Having delved into the informative realm of the Bigger Pockets podcast and other materials, I've learned that, optimally, a long-term rental investment might generate a monthly profit of $100-$200 per property. ...
Nirmish Sharma
offsetting passive losses ( rental) with w2 active income
Hi, I have three rental properties in Houston (TX) and all three have passive losses. I have regular W2 job and thus active income. I file jointly with my wife. She does not have active income.what is best and easy wa...