Justin B.
Multiple Property Accounting and Tax question
We've got several properties now and will have a lot more by the end of the year. Does the IRS care about individual property reporting or can you just combine when filing taxes? Accounting and tax filing is time co...
Brandon Rossi
0 to 6+ Units in less than 2 months going too fast?
Quick Intro, I have been lurking in the shadows here, listening to podcasts and reading books for the last 8 months. My end goal is to reach financial freedom through cash flow. I am actively seeking fix and flips wit...
Franky Aikens
How has technology helped your investments?
No matter the industry, behind every successful business, there's is a proven effective system. You can't mention the concept of systems without mentioning technology. Automation is the most powerful tool businesses ...
Liliya Patton
limitations when electing rental RE activities into one activity?
With respect to real estate professional status, are there any limitations or traps for the unwary when electing to aggregate rental real estate activities into one activity pursuant to Code Sec. 469(c)(7)(A) and Reg....
Sandy Tan
Finance situation and first rental property
Am I in a good finance position to buy a rental property? My husband and I are thinking to purchase our first rental property upstate ny for about $200k so we can have another source of passive income. Here is our num...
Tyler Dunkel
duplexing 2nd floor unit into attic
Hi,I have a building which has a finished attic space on the "3rd" floor. This space only has one egress from the back stairs. I want to create a duplex up unit by combining the second floor and 3rd floor into one uni...
Mitch Messer
Why Florida Condo Rentals are a HARD PASS for Me!
I'm often presented with opportunities to acquire investment condos in Orlando, Miami, and other popular Florida cities.
I always decline.
Read the article below to understand better why "condo" and "Florida" are no...
Tim Woolley
How does this plan look?
Hello All,I am finally taking the plunge and making a commitment to begin my investing career. I have read many of the BP books and think I have a good strategy developed. Please let me know if this makes sense, and i...
David Vitarelli
Investor in need of wholesale deals
Hello Group! My name is David Vitarelli. I have recently sold my building maintenance company in Philadelphia, PA. Now that I am shifting away from my maintenance company and focusing on investing in rental properties...
Pheng Lo
Advice needed on what to do.
Hey everyone, new here but have been following bigger pockets for a while. I have a few questions, if anyone can help me. Currently I have two rental properties that I want to pull equity from. My issue is, I have ver...