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Hello fellow investors,In 2016 I got audited by the IRS, and it got started due to my real estate investing activities. This was a full-blown FIELD AUDIT, where they went through everything of mine. I have lots of bus...
This is my first time as well posting, my apology in advance if theres possible confusion.Anyways.. let me give you some insights. After months of speaking to seller he finally agreed to sell his fourplex as he has be...
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Hi BiggerPockets community!!I joined a few months ago, but I just recently started listening to the podcast and finding how helpful this forum can be. I’m excited to engage with everyone to find areas to add value. My...
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Hello! My name is Jennifer Clancy and this is my newbie story. My husband and I became accidental landlords in August 2013, we had the opportunity to live in Australia and we took it. We did not want to pay a mortg...
As a FL Mortgage Broker who has been in the business since the 90s, I've seen almost everything. I know for a fact that I'm a better negotiator than 95% of all realtors and investors, but when I buy property, I alway...
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My dad owns a 24 unit building, and 2 four family buildings in NJ. He has always managed it himself, performing most of the labor, but he’s getting to the point where he does not want to do that anymore.He has always...
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Hello BiggerPockets Community,Since I've joined BP I've been addicted to listening to the podcasts, reading forums, reading recommended books, and just learning as much as possible. It's crazy to think that I've been...
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Do people use a buyer's agent to find REOs? I can see the use of having MLS access for comps, but, since REOs are a #s game, what's the incentive for a buyer's agent to make 30 or 40 offers for you to get a 3% commiss...
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We just bought our first cash-flow investment property out of state. We live in CA. We are interested in setting up an LLC, but have heard conflicting information as to where it should be.
We have been advised to se...
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Hi all,I know there have been dozens of posts re: LLCs but I'm having a hard time nailing down specifics. I understand I should consult an attorney and CPA for the nitty gritty, but can someone please walk me through ...