Hello, I started my first AirBnb late 2023 and it was rented out for less than 14 days. Based on the 14-day rule, I don't need to file any profit from my short term rental. However, my main expenses (furnishing the pr...
Looking to learn more about notes before shifting my strategy to investing. Any secret sauce you can share?
I highly recommend that people track their personal finances, especially beginners that are just learning about real estate. I use (obsess?) mint.com, but there are lots of platforms and other's that have come up in f...
Hey Guys, I'm about to go the self employed route and need a little help with how do setup my personal income taxso tell me if I'm going about this right....Heres just a simple example1. 5k rental income- 2k expenses ...
Hi BP!I have only used hard money 1 time, and don’t remember the specifics of what their requirements were of my personal finances, if any.I’m curious, how many hard money loans could I take out at a time? For instanc...
Hello everyone!Looking for everyones great advice on here before pulling the trigger. I have a unique situation in which I leased a car (2017 Jeep Wrangler) I love it and I am looking to buy it before the lease ends, ...
I recently purchased a unique home - an A-Frame in northern Wisconsin at the end of December. I have been working through major renovations such as a new roof, a fully gutted bathroom with higher end finishes, and lot...
I am 18 years old and graduating high school in a few weeks. I’m going to community college and plan to transfer into a 4 year school and get a bachelors degree in finance. I’ve worked as much as possible in the past ...
Hi all,I used to have a STR in JT and one thing that I realized is that travelers are looking for EXPERIENCES and UNIQUE, INSTAGRAMMABLE highlights when looking for an Airbnb. I want to know what are some of the MOST ...
Bonus depreciation is a powerful tax benefit but even some of the most seasoned real estate investors have never heard of bonus depreciation. Why not?
It’s traditionally been a tax benefit reserved for developers tha...