JD Bock
Overseas for years so can't qualify for loan, have $100K cash?
I've been living in Shanghai, China for the last 14 years where I was self-employed as project manager for start-up restaurants & bars while also owning/operating/investing in them as well. I finally moved back to...
Laura Johnson
Utah county 7 bed investment
Advice wanted on a possible Utah county off market deal.I have a 3850 sq ft house, 7 beds, 3.5 baths, built 2001, great neighborhood. The average house at 3150 sq ft and 5-6 beds, in this neighborhood sells for $440k-...
Julia Bobe
RE agents taxes on commission
Do real estate agents pay taxes on commissions they receive for the sale or purchase of their own home?
Rosalie Taran
Income Tax extension/ Solo401k/ capital gains over 121 exclusion
Hi BP community, My husband and I will be selling our California home early next year and are expecting to have capital gains above and beyond the 121 Exclusion of $500K.1. I have a home business and just opened a Sol...
Jeri Herrera
Bonus depreciation and real estate professional
I receive $16500 in rental income for the year. I remodeled the rental property this year at a tune of $17000. I also pay the mortgage and 10% to a property management company. Because I have put so much time into ...
Ed Balado
Private Money Lender Tax obligations
I have found a private money lender and she is asking me what her tax obligations will be on her profits. This will be her first time lending and my first time using private money. Any advice would be appreciated. Tha...
Heather Lewis
No changes to passive loss rules in the new tax bill ?
If I'm reading the various threads correctly, in the CARES act, landlords who have other primary work like a full time day job, and they are limited to treating real estate as passive income/loss aren't getting any be...
Adam L.
Handling capital gain income for LLC
Hi there,
I own an LLC that exchanged a substantial portion of its IP for stocks in another company about 3 years ago.
Recently my LLC sold some of those stocks in a private transaction to a institution...
Matthew Hetrick
Would love to find an REI mentor in my area (Raleigh, NC)
For the past couple years, I have been financially positioning myself to get into real estate (ex. paying off student loans, increasing my earned income, lowering living expenses, etc.) and am now at a point where I n...
Hannah Vohs
How to Build Passive Income Streams as a Real Estate Investor
Real estate investing has become increasingly popular in recent years. One of the reasons for this is the ability to generate passive income. Passive income streams are a great way to create long-term wealth with mini...