Helen Fletch
Non-judicial foreclosure vs. no foreclosure and taxes
I don't know if this is the right forum category, but here goes:My brother and I have an inherited piece of property. My father sold the Note and became the "bank" back in 2012 to generate income to pay for medical ex...
Carter Lance
Flip Income reported on 1065
What is the correct way to report income generated from the sale of a flip home reported on a partnership 1065 return? Since the gains are short term capital gains and will be treated as ordinary income, should the sa...
Justin Littke
starting a business / investment property taxes
Hello, I am 25 and just moved to VA Beach and started in REI. I just purchased my first primary home, single family, as a short sale, for 130k that is certainly worth 160k or more (170k or more after I do some simp...
Chukwudi Motanya
If you wanted to achieve $2,000 a month in passive in 7 years, how would you go about it?
Hey again BP fam. I just calculated that for me to be able to cover my basic needs, ill need to make 2000 a month in passive income. I want to be able to do this before I turn 30, and I am 23 right now with a full tim...
Lindsey Iskierka
Strategies to purchase 8 units in Long Beach, CA
Hi fellow BP members! My name is Lindsey and I'm a Realtor and investor in Long Beach, CA. My husband and I are looking for our next rental property and have a goal to purchase another fourplex in the Belmont Shore ...
Vince DeCrow
Benefits of Investing in Private Real Estate
Private real estate offers many benefits to individual investors, such as high returns, portfolio diversification and tax efficiency. Institutional investors have long understood the merits of this asset class, and re...
Celina Smith
Air BNB Rental Arbitrage
Hello all. I recently heard a podcast about airbnb partnering with some apartment complexes to allow rental arbitrage. I am part of an investment group that is interested in pursuing opportunities in this area. Doe...
Jack B.
Cash out refinance tax implications
Thinking of cash out refinancing some existing rentals to buy more rentals instead of deploying capital on hand. That said I'm having a hard time finding deals due to low inventory. As I understand it once I cash out ...
Chase Cadle
Starting a Partnership LLC for Investment Properties
Hello, I'm new to the forum and looking at investment properties in the Greater Louisville, KY and Southern Indiana Areas. A long life friend and I have finally reached a point in our lives where each of us can contri...
Randy Davenport
Aspiring Investor in Central Massachusetts
Hello Bigger PocketsMy name is Randy and I am planning to begin my journey investing in real estate. I have been in and around construction all of my life. Currently, I have a W-2 position as a Commercial Construc...