Hi,Can STR purchased under LLC ownership offset active W2 income of the members of the said LLC?I plan to do cost seg study and get bonus depreciation (and will actively participate as per IRS rules) but need to confi...
So I am looking to partner up with another investor friend on a commercial multi family property. I have done a lot of research on if we need to file SEC paperwork to have another investor for this deal (both of us ha...
Good day everyone. Newbie here and asking for some light.My spouse and I are travel nurses from FL. We are almost finished rehabbing a LTR we closed last March 2022 and are planning our next purchase.We are thinking o...
Anyone out there borrow from their 401K to purchase a rental property? How did it go?
I'm putting my feelers out there about holding a weekly live online real estate investing chat. Our old-school chatroom has been a bust for some time now, but I participate in several Twitter chats and have found the...
Hi Everyone!I, like the thousands others that pop up here every month, am new on BiggerPockets and have no actual real estate investing experience to speak of.So, like everyone - or maybe not everyone- I’ve been read...
What Does Effective Tax Planning for Real Estate Investors Look Like?
A lot of Investors
on BP recognize that they need something more than a trip to H&R
Block at the last minute.
1] At the very
basic we w...
I left my corporate job last year to stay home with my daughter and focus on our real estate business. I'm trying to determine if I can qualify as a real estate professional. I know you need 750 material hours per yea...
My experience has been in the fix and flip of single family property arena. I'm looking to purchase my first multi family property/apartment complex. I'm listening to and reading everything I can get my hands on. I'm ...
I know i can claim my short term rental income as active income as long as 1. avg rental is < 7 days 2. spent more than 100 hours managing it.
If I have other long / mid-term rentals, does the active business stat...