My partner and I working full time with W2s and our income is above the $150k limit. AFAIK We can not use the rental loss to offset our W2 incomes without RE professional status.I understand it is usually tricky to cl...

Chase bank came back today with a counter on a duplex that I have had under contract for ~60 days.

The orginal listing price was 69k, our offer was 60k and then deducted 300 during inspections so we are at $57,700.
...

Hey guys,

Sorry for my ignorance, but after reading a bit, I still don't understand what a real estate attorney does compared to a "real estate investing-focused" CPA.

Can someone shed some light on the...

In my rental deal evaluation, I'm doing a detailed analysis of income and expenses per property.  I'd like to get some opinions from experienced investors on what cashflow thresholds they are looking to achieve.  Here...

I am trying to decide if it is time to sell my 1st (only) SFR Rental.  I want to do more deals, but currently I have just been reinvesting everything back into the first to pay down the mortgage.  My property has abou...

I have an Airbnb that I bought in August of 2023.
Starting in January of 2024. I began to track my hours and where those hours went.
My understanding is that I can use the STR loophole to reduce my wife's taxable in...

I am about to close on my first property (me = buyer, me = buyer's agent). I have heard that if you get a buyer's rebate, you do not need to pay tax, since you are just getting your money back (lowering the property c...

Hi Bigger Pockets Fam, My wife and I are from San Diego and looking at Austin Tx for our first investment property. We would love to talk to experienced out of state investors on how they manage their properties in Au...

I would like to hear about your success and or failure to get a lower property assesment. I am looking at a fourplex that has insane taxes for the area it is in. It's current taxes are about $8600, . I am told that th...

I'm looking at conventional financing to purchase a property, around 250,000 where I can pay 10% downpayment and get approved for the total amount. While the house needs small cosmetic upgrades, it sounds like it woul...