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New investor. Currently own one property. Looking to network active investors, and other real estate professionals.
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I've seen people in the BP forums with differing opinions on the topic (shocker!). Some say as soon as you get a Property Manager you are passive no matter what. Others quote the readily available Internet information...
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Hello everyone,So my business partners and I are thinking of starting an S Corp vs an LLC that can be taxed as an S corp. I just wanted to ask what are some of the benfits tax wise and if someone can send me a contac...
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For all my fellow Relators out there. We've ALL heard that if you are a full time real estate entrepreneur you can offset a large amount, if not all, of your tax liability by investing in real estate and selling it at...
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Hey everyone,I've read a ton of posts surrounding the subject of LLCs and quite of a few of them with specificity to hotels, motels, etc. That said, most involve single owners so that's why I'm creating this thread. I...
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Hey everyone, i've read pretty much every article i could find about bird dogging. I just want to know exactly what information you are responsible for retrieving? and where exactly do you get started? If anyone could...
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Hey all, my business partners and I want to start inviting passive investors into our deals in order to speed up the process and not have to use banks for all of our funding. A couple of questions related to this: 1. ...
Hello everyone I’m a brand new realtor/investor and I have a friend selling her house next month it’s going for a little over $300,000 and she bought it for $180,000 a couple years ago I’m trying to see what her optio...
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Hello everyone, although I have been a dabbling with the BP website for about half a year now I have now really started to understand the worth bringing this community. I am super thankful to mentors have lead me in t...
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How does one prove they have worked the 700 hours or so needed to be considered a Real Estate Professional as far as taxes go?Can anyone declare this if they put in they hours? Just wondering if it is an option for m...