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Hello BP community!Question is pretty much in the title - any other self employed RE professionals using a Section 105 on your taxes to offset insurance and medical costs? Curious if you got any pushback from your acc...
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Hello, I am a new investor joining here. I acknowledge I have much to learn. I am a licensed Architect in NY with many construction industry connections which lend itself to owning property. I am ultimately looking fo...
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Hi Everyone,
I have been lurking on BP for quite a while but have recently left my full time job and now have the time and energy to truly devote to my real estate investing. I am located in Scottsdale so I will be fo...
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Hello Everyone,
Im Nick, I live in NY and I graduated from school about a year ago. I have been interested in real estate investing for about 4 years. I joined BiggerPockets because of all the articles on BP...
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So I have 6 months of expenses set aside in reserves. Is this an acceptable amount to then increase my cashflow a bit and decrease the amount going into reserves? When below 6 months reserves, I do 10% maintenance, 8-...
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Hey guys -
The original purpose of our influence system was to incentivize our members to become active, and to find a way to figure out who those members are that others deem to be influential, credible, and are ove...
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Hello,I recently formed an LLC (in CA) for my rental property investments (just closed on my 1st one). However, I am also going to be partnering with a friend in Colorado. We are planning to form a separate LLC for ou...
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Hey!So I am about to get a job as a police officer (woop woop!) and I know one of the questions they will be asking me is how much do I want to put towards a 401k plan. Now as much as my parents would love for me to s...
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Hello everyone! I am a newbie to Bigger Pockets and in a sense, a newbie to taking my investing seriously. I have been a casual landlord for 10 years, having rented out an old house of mine and picking up a couple oth...
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I'm looking for advise on how to handle the water, garbage and gas bill for my single family rental. The town no longer switches them into the tenants name, so I am responsible for it.Do I send a bill to the tenant ea...