Shawn Ryan
Converting single family into triplex using 203k
Hey Everybody,I posted this under the multifamily category and didn't get any responses. Trying again and hopefully can get some feedback. I have a house that my family member owns and wants to sell to me. This proper...
Carl Cheung
Promissory note lender, tax implications
Hi all, I am thinking of lending money to a friend as a promissory note. From what I understand, the interest on the note is subject to my personal marginal income tax rate. Is that correct?Any ideas on how to reduce ...
Sal Flores
Tax declaration advice
Hi,This is my first time doing Taxes declaration with a rental property and own a primary home I purchased both last year.I am looking for an advice how to proceed.I have done some taxes in the past by my own with no ...
Greg Lovern
Washington State Law RCW 61.34 and Preforeclosure Flipping
I'm trying to get started with preforeclosure flipping in King County, Washington State. I read RCW 61.34 but as a non-lawyer found it confusing, tangled, and murky. In an effort to understand it better, I went throug...
Nate V.
Risk of Real estate Investment and How to Avoid them!!!
Here is an article I wrote about some risks to consider when buying investments for rental and flips.Share your Thoughts and Ideas.If you have recently acquired some investment real estate, you are not alone. Recent r...
Sasidhara Manthena
STR with Airbnb or any other platform?
Hello,Happy New Year! Hope everyone had a great holiday season. I am new to Airbnb. I would like to start out with a 3 bed , 2 bath in Ybor city/Tampa, Florida downtown area. Is anyone doing it already in that area? I...
Account Closed
CPA Advice, Flipping in Maryland
Hello BiggerPockets!I am seeking some advice relevant to when to bring a CPA onto my team. I have provided an outline of my current situation along with the direction my partner (@kanwar sodhi) and I intend to go belo...
Yan Gao
Husband and wife to have two house in two states
Hi BiggerPocketors,I am new to real estate investing and rental property, and hope to have suggestion to my situation here.My wife and I currently live with our daughter in Seattle area, and own a house with mortgage....
Imran Shahzad
S Corporation vs. LLC for house flipping
Hello everyone, I am trying to flip 2 houses this year, buying with hard money loan, completely renovating/rebuilding and selling it. My question for bigger pocket community is . What entity be best for this purpose,...
Danny Ondik
Who to talk to in order to get all tax advantages?
Hello,I was able to buy two rental properties this year (and my only 2), but want to make sure that I take advantage of all the tax benefits possible. I'm assuming I don't go to H&R block to do this. Who should I ...