Mario Donaldson
contracts
Hello,My name is Mario and im a newbie to the real estate investing game i was hoping you can spend some time out of your day to help me with wholesaling. Is wholesaling a good way to get you capital up so you can do ...
Jace Thornton
Utah newbie
I am new to the real estate market and biggerpockets. I am looking to gain knowledge to see what area of the market I would like to get involved with. I am in the military and there is a for sure end soon (the next 10...
Eli Comay
Is IRS Form 4797 Necessary On Sale of An Investor's Only Rental?
I am an investor in a single rental property which I just sold. I'll file IRS Form 8949 and Schedule D (with unrecaptured depreciation on line 19). Is Form 4797 also required even though real estate is not my trad...
Vicky S.
New to BP and western Chicago suburbs, IL
Hi,I am new to BP and to the real-estate investor world. my only (horrible) experience in real estate was to buy my personal house at peak of 2005. Since then it is yet to recover. I am a newbie and trying to possibly...
Blake Broomer
How file your company name
good evening real estate community is it better to file your real estate holding company as an LLC, or Scorps
Tim Ivory
Filing Taxes 2018 with LLC (Beginner Question)
Hi, guys! I still need to file taxes for 2018. I also have a new LLC but did not make any money this year. I remember reading that I can simply complete my normal tax form and that will also count toward my single mem...
Greg Pekaar
Transfer of NJ property for $1- is a lawyer necessary?
I have a deal in which a relative of a friend has a small house in rough shape that they would like to give away. It needs extensive work and they don't have the time or knowledge to deal with it. They are willing to ...
Andrew Ottino
Pre-foreclosures in MA
Hello BP,Wondering about the rules and laws surrounding pre-foreclosures in Massachusetts, Worcester specifically. Basically, my question is how do I go about buying them? Can I legally reach out to the home owner and...
Serge S.
Anyone called out by IRS for NOT filing 1099s??
I know a few investors that have never filed 1099s with contractors. They claim to either play dumb (thought it was a C-corp) or just never file. One guy has never filed in over 10 years and never a peep from the IRS....
Mary Jay
Leak-file a claim with insurance?
Hi guys,I got a leak in the kitchen. What does insurance usually pay for?I dont want to file a claim if thats something that insurances normally dont pay for...The leak is in the kitchen, its pipe that connects my re...