Thomas Jones
The New 20% Pass-Through Deduction and You
The IRS issued more guidance on Wed, Aug 8th on the new Sec. 199A 20% pass-through deduction. But many taxpayers are wondering does this apply to real estate activities as well.The 20% deduction applies to Qualified ...
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MFR in Chicago and surrounding ‘burbs
I’ve been lurking on these forums for a long time and I think we’re ready to begin investing within the next year. We are looking to invest in MFR in Chicago and the surrounding burbs. Our criteria is as follows:A/B c...
Yusuf Mathai
Putting a Team together
So this is my first foray into tapping into the collective wisdom of bigger pockets.I am just starting out in real estate, and this will be my chosen vehicle towards financial independence. I do have a day job that I ...
Amanda Sutherlin
Owner Finance deal- has 2 mortgages, Agreement for Deed …Can I even buy this thing?
Found an Ownder Finance deal but found out it has an Agreement for Deed with 2 mortgages due on Nov 15th 2016:$18,500 mortgage due to an individual$34,450 mortgage due to an LLCPaid $55K with $5 down and paying $700/m...
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America's Top 5 Turnkey Companies!
Much ink has been spilled on the subject of Turnkey Companies. However, I do not think we have managed to identify top 5 Turnkey Companies in America. I know there are hundreds of companies - perhaps a good place to...
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50% / Itemize
Operating Expenses seem to be a big shade of gray for investors. Especially for a newbie like myself who has never run an investment property. Do the vets recommend itemizing expenses when running a cash flow statem...
Joseph Jordan
Please help a newbie out!
Hi all,
Like many others I am new to real estate investing and decided I would finally stop thinking about it and actually move forward with trying to purchase, rehab, and sell my first investment property. I feel li...
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My Tenants Want the Basement Finished
Hello! I have a four bedroom three full bathrooms property that is currently occupied. I charge these tenants $2000 per month for rent. I verified the fair market value with Basic Allowance for Housing at $2169.00. ...
Chris Johnson
Selling our rehab business as a going concern
I am currently rehabbing homes in the New Orleans market and have done so for several years. Our typical rehab is an historic home renovated from the studs out and will sell for between $200-400K. Gross sales in 2013 ...
Muinda Gueston
FSBO Not getting any prospects
I put my home on the market 15 days ago, hired a real estate attorney, and recently paid 500 for MLS. Been listed on MLS for 5 days and I haven’t received any calls from agents to have a buyer tour. What am I missing?