January 1st I jumped in to the world of real estate investing. While I have made a ton of progress over the past three weeks (Thanks 12-Week Year), I am a bit concerned with some feedback I have been getting. I have s...
Hello,I am a member of an LLC, and my former partner, which is no longer a member of this LLC, registered the LLC and filed a request for an EIN with the IRS.Since he is no longer a member of the LLC, he was removed f...
If I only have one or two rental properties, would IRS consider it an active trade or business so I can deduct Start up costs at least for $5000 ? Has anyone done the deduction in my situation? Thanks Nina
Hello,New to BP, first post here actually. Just wondering how many LEOS are doing this as a side hustle.
There is a FSBO off chagrin river just south of Mayfield across from the vineyards/fields. Wondering if anyone has experience in this area. Property is 4 bed 5.5 bath 4000 Sq ft 3 story. 4.5 acres.
Hey Everyone,This is the first year we will have rental property on our tax returns. I'm familiar with W2 income and income from our other businesses (LLCs). However, I'm not clear on the active vs. passive rules wh...
Hello BP community! I would like to find a local contractor in north jersey; it would be a plus if contractors can design interior. I recently on a deal in north jersey would need nice work for the basement and als...
I am on active duty and have an opportunity to attend grad school for a 2 year program while still on AD, which means free tuition, full military/health benefits, and housing allowance based on the zip code. I want to...
I am curious to know what type of ROI are you looking for on a buy and hold.? And how much profit are you looking for on a fix n flip.?Thanks
First off, this site is great....I've been checking the forums out for a couple weeks now. I'm an active duty Army soldier in Indiana and have been attracted to real estate investing since the first time I saw Flip Th...