Doris Jin Huang
Are our rentals a business or investment for tax purpose?
2019 is the first year we start to receive rental income. We have 2 rental units located in different parts of new york city. My husband and I both work full-time W-2 jobs. We manage the units ourselves and one of the...
William Mullins
Tax Advice
BP Community...I'm requesting recommendations for a guide on tax strategies and reporting (basis, adjusted basis, business expenses, etc.). I've found lots of material on rental properties but I am having trouble fin...
Ashley K. Butler
Enjoying the Process Part 2
Hey BP community!(I know, super late to be posting, but I don’t care.)It’s been several weeks since I’ve last posted, so I wanted to update and also see where everyone else is on/in their journey.Again, I am recently ...
Ashley Holden
50k start up loan
I'm just starting out and I figure I need 50k to start the BRRR process. My credit score is in the low 600s. I just brought a duplex. Not know much anything at all I messed up and brought my duplex with no equity left...
James McCallister
Direct Mail Campaigns - What has given you the best results?
My business partners and I are looking to start up a direct mail campaign to potentially explore off-market properties. In discussing some options, we thought our BP community could offer some insight. What have you f...
Rafal Soltysek
RV park and glamping investing
Does anyone here investing in RV parks and glamping resorts? what is your take on it ? raf
Jason Jones
struggling with this decision
I have worked in corporate america for over 15yrs and investing in real estate part time since I was making $70K on job... Well, I recently lost my job now finding another one is so painful and stressful that I rea...
Joe Capobianco
Iffy on everything
My names joe and I'm 21 years old and was very interested in real estate investment when my cousin brought it up to me from his success. I'm trying to learn as much as I can now so I can start buying within the next t...
Michael Bender
What to expect for $1.5-2.5M buy price in apt complex.
I'm looking for feedback on two items. Expectations on what I can get, and experience needed to execute.I have two scenarios. I'm selling one property and cash-out refinancing 3 others for a total downpayment of ~$350...
James Talbert
Self directed IRA and unqualified persons
Does anyone know a way that it is possible to use a self directed IRA to invest in an LLC that I own as well? According to the IRS rules, i would be considered an unqualified person since I own both.