Nahid Alipour
Land classification in ADU law in CA
Question for my fellow Californian, I have single-family attached home or townhome that want to convert my attached garage to a two-story ADU but the city is telling me I can not build the 2story ADU and I can only co...
John Moksnes
Personal vs. Investment Property IRS Designation/Classification
I am looking to turn my personal property into an investment property and then 1031 exchange into a multi-family home. How long do I have to rent out the personal property (do I have to move out or purely rent a room?...
Christopher Guerriero
Legality of town changing property classification from
In 2018, the township of Ewing NJ changed the definition of a dwelling unit to "houses with 5 or less bedrooms". Houses with 6 or more bedrooms became defined as "Commercial Rooming Structures". "Commercial Rooming St...
Raj A.
Standard classifications for areas A through D?
I've read a lot about "classes" e.g. "this unit is in a Class A area" or "this duplex is in a Class B neighborhood" etc. Is there any standard for how areas are classified i.e. does the NAR have a standard classificat...
Rick Prag
Seeking Neighborhood/Zip Code Classification (A-D)
I'm looking for a neighborhood or zip code classification rated from A-D, similar to this one created for Cleveland https://www.biggerpockets.com/blogs/4704/42419-cle...I haven't found anything on Indianapolis. Can an...
George Bittar
Turbo Tax Business Classification Code for REI?
Hey All,
What does everyone list as business type when using Turbo Tax as a real estate investor? The codes and business types that it returns when entering real estate investor or real estate buyer do not se...
Michael E Palmero
HELP What Tax Classification Should I Choose
I just started my LLC with legal zoom and now I need to decide my tax classification. My choices are S-corp, C-corp, Pass-through Partnership, or Pass-through Sole Proprietorship. I'm looking to use the BRRRR method a...
Nathan Gesner
FED finally admits we're in for a correction. Thoughts?
https://www.ksl.com/article/50...I'm no smarter than the next guy and nobody knows the future. But my common sense tells me you can't increase housing prices 50% or more in two years and expect them to stay there. I p...
Nicholas Brady
How important is a bachelors degree as a real estate investor?
Hello there, I am new to the Bigger Pockets Community and real estate investing in general but I am eager to learn! One of the first things I am curious about is how important is finishing a college degree in order to...
Wendell De Guzman
Will the Real Estate Market Collapse in 2015?
Here's a provocative video...explaining we have a real estate bubble right now in 2014. When do you think this bubble will pop? Back in 2005 (after hurricane Katrina hit), I predicted a real estate collapse as well bu...