I am forming a partnership with a group of 10 friends and would like advice as how to go about creating a bank account for the money pooling. Is it wise to create a business account to hold the money then eventually a...

Real Estate rental income is earned when a real estate is leased for rental income generation. Rental income generally is treated as unearned or passive income for income tax purposes. Rental income is reported on Sch...

Hello! I received my 1st call back via direct mail! Here are my rough estimatesARV: 150k70% = 105kRepairs: 10k* (I actually have no idea, I'm going to check it out in person on Tuesday. He mentioned nothing major at a...

I am sorry that this is more of a query but I am just here thinking & this idea pops in my head while watching Night Shift. I thought...could you convert a hospital into an apartment complex. I went to google &amp...

Hi all,
Wondering if there is a way to get out of paying capital gains on selling a second home for personal use. This is for my mom, who has been a snow bird in Port Richy, FL at this property for a little over 6 mo...

Hi, I am a new investor in the Sacramento area. I'm young, in college, and have no cash to put up for investments. I have decent credit but can't get a home loan, and this area has TONS of REO's and very little home...

This should probably be in the category of real estate HISTORY, but since we don’t have that category…..I’m reading a book that has me intrigued, “DealMaker in Chief.  The premise of the book is that the first real es...

We are going to build a personal home.  We have a lot of equity spread out over 13 of rental properties, and we don't qualify for a home mortgage to be sold on the secondary market due to so much self-employment incom...

Scenario:Sell a rental I've held for many years in an LLC.  Net $250K1031 the $250K into my former primary residence which has been a rental for the past year, but lived in 2 of the past 5 as my primary res.  I hold t...

(Note: This is my first post on Bigger Pockets! I’m very excited to be getting involved with the community. Thank you to everyone for providing me a great education so far!)Let me start by saying that I know this may ...