Being successful in real estate investing is no easy thing – it's not just about mastering facts; it demands a toll on physical, emotional, and philosophical levels. Amid the chaos of decision-making around buying, se...
Doing some light research on accelerated depreciation of rental R.E.
Does anyone use these techniques? Are they sound from an IRS standpoint. Also, can someone describe the person this technique would work the best f...
Hello BP,My name is Andrew and I've been lurking for a few weeks on the forums, checking out the podcasts and blogs, trying to learn as much as I can. I am excited to dive into all the awesome information on this site...
Hello Guys, Today was a wonderful day on my Journey to become a "Real" estate investor. I met with my estate attorney and he has given me and my partner the royal treatment. We have all the contracts we need, we have ...
I'm considering getting my REL in Florida, but not really to become a full-time agent. Rather, I'm interested in real estate investing, but know very little (BP is helping though!) and figured that a REL would:1. Help...
I'm an owner of a 2 family, non-owner occupied residential property.
This property is co-owned with my mother. The deed is 75% my mother, 25% myself, with a Right of Sole Survivorship.
We are now planning to sell sa...
Hello all,
If a brother and sister were deeded a home after the passing of their father, and the sister now wishes to buy out the brother (who has occupied the home for over 2 years), what is the process?
Both partie...
Good morning all!
Newbie here and my husband and I are ready to start forming our team. We have an appointment for a consult with a CPA this morning and another later this week so I wanted to see if there were some M...
I'm a 25 year old Journeyman Carpenter and my wife is a Realtor. We have successfully "flipped" two homes on the side now. We lived in each house two years to avoid capital gains. I did 100% of the work myself, mad...
I have been lending funds to a close friend of mine for a rate of 8%. I got a 1099-INT from him to file my tax, which I paid a big portion out of 8% (effectively around 6% after paying the gov). Is there a better wa...