Matt Bode
Stay at home mom be a real estate professional?
So my wife is a stay at home mom, and I make just enough to be over the MAGI limit. I’m about to rent out my current home and buy another to live in. She will be pretty much be handling the rental property- is there a...
Rei Julian Pornobe Teodoro
Property Management Business Marketing Strategy
Can anyone please tell me what is the most effective marketing strategy to get clients for property management business?Appreciate your answer. :)
Cliff T.
How is income from private lending taxed? How does REPS impact this?
Hi all,Can anyone provide some guidance on how income from private lending is typically taxed? My understanding is that if I'm NOT considered in the business of loaning money, then the income is considered interest in...
Sujit Silla
To know if eviction filed against tenant,regardless of judgement
My questions is a very generic question, that is applicable to all landlords.While checking a tenant's credit, we get to see if the tenant has any eviction judgement against him or her.. What we don't see is whether a...
Giedrius C.
S-Corp reasonable salary and flipping
Hi all,I read through forums but haven't seen an answer to the question what is a reasonable salary for 1 owner S-Corp LLC that flips houses? Let's say everything is outsourced - houses are bought from wholesalers, GC...
Brandon P.
Tenant painted rooms
Painting is very expensive. I professionally painted this places interior right before the tenants moved in. They painted at least two rooms. They have lived there 2-3 years. Am I expected to pay for his if they liv...
Eva Fox
Please help older lady with an advice on saling rental property
I am coming over here for very needed help with very difficult problem .I am in my senior years .My question is about gain taxes strategy in my complex situation .The property , condominium in prominent Hollywood C...
Moe Khan
Selling land in the Bay Area, CA and using money for BRRRR.
Hello BP Community,
I live in the Bay Area, CA and own a couple of rental properties. A couple of years back I bought a 0.5 acre land with cash for Multi-family construction. At this point in time, I am trying to fig...
David Lopez
My Cpa Retired in 2021 and i am doing my own taxes
My CPA retired in 2021. I am doing my own taxes for the first time in years with Turbo Tax program for 2022. I have multiple properties & small side business of less then $5000 a year. I have gone through the prog...
N/A N/A
Paying a finder's fee ??
I've read the tips from other investors suggesting using a $500 finder's fee, or similar wording. They pay this to anyone who brings them the lead, after the deal is complete and the property closes.
So I decided to ...