Hi everyone, My husband and I purchased a very distressed home last year to fix and flip.  We are now 10 months in and ready to sell we purchased for 188k put in 110k and it can be sold for 429k.  It can be rented for...

I live in California and have seen many close family and friends kill it in the rental market here. Why is most of the US against rental market in California and should I invest elsewhere?

My 50/50 partner and I intend to use one of his properties as a HELOC for a downpayment on a hard money loan. Should we transfer the property into the LLC and then open the account/HELOC? My current understanding is t...

Hey everyone,I have a RE wholesaling company (LLC) with a partner that's owned by his entity and my single member LLC. We distribute profits from the wholesaling company to our individual entities (his entity and my s...

I hope I am misunderstanding this regarding new tax law in Calirado... sorry I meant Colorado...."Effective January 1, 2023, single filers are limited to $12,000 and joint filers are limited to $16,000 of deductions. ...

We have sold our CA rental property & have identified a 6 unit in TX. The 6 unit needs to be put into an LLC. My question is a 1031 ok to do as married couple into an TX LLC. We have been hearing a single entity L...

Hello BP, So about a year ago I had a licensed and insured plumber install a shower in my basement, making the half bath into a full. I was clueless about permits at the time but now I have confirmed that one was neve...

Hi BiggerPockets Family!I'm creating this Forum Post as a reference point for newer investors, like myself, who are seeking to learn more about the different books and podcasts that have dramatically impacted your lif...

Hello,
Question for CPAs and Attorneys. I have a lead who is interested in selling an investment property that has been owned since 2001. Property was purchased for around $500,000 and they are looking to sell at aro...

I plan to use some of my IRA funds as a down payment to buy and hold income properties. What type of lenders are out there? Will this be a commercial loan? I hope not :(TIA