Hi BP community,
We currently own several Section 8 rental homes in Chicago, Markham, and Country Club Hills, IL, all managed by the same property management company. While they are good communicators, experienced wi...
I have a W2 at a Property Management company. I also personally buy, sell and manage real estate and I have an LLC for a separate property management company I co-own. Essentially all of my work and income comes from ...
Hi BP community, I wanted to see if it's possible for me to qualify as a RE professional or what other strategies are available. I know that to qualify as an RE professional for tax purposes, I must:- spend 750+ hours...
Hello, Real Estate Enthusiasts!
I'm at an exciting juncture in my journey towards becoming a real estate professional. While I'm all in on this new career path, there are a few things I'm still trying to figure out. ...
Hello everyone,I run two companies in the Richmond, Virginia area. One company is a property investment company, and the other company is a professional services firm (Architecture and Engineering). They are both side...
so I’ve been learning a ton about the advantages of being a real estate professional and how you can use that depreciation from passive income producing assets to offset your earned income. And as I was reading it ap...
Looking for advise on how to select a company to perform a cost segregation analysis on a 6 unit apartment that I purchased in May of this year. Property is located in Dunedin, FL in the Tampa/St. Pete area. One loc...
Perhaps this isn't the best place to post this question. If anyone has any suggestion of a better place, please let me know!Bought an older house in Los Angeles (City), started doing some light demo, then thought it'...
Looking at various cost seg companies, anyone have experience with one they liked (or hated)? Also, not looking for feedback about the value/necessity/negatives/ or need of doing a study. Thanks in advance everyone.
I've always wondered how the MLS came to dominate the home buying and selling experience, and also wonder if it had a competitor, or if there were a different way to do business. There is the wholesaling method, and m...