When I first started investing in real estate, I was often asked if I was a growth or cash flow investor. I constantly heard people referencing the infamous “cash flow is king” saying, but I never really gave much th...
I am so lost when it comes to reading the forums and books, podcasts. My wife and I know where we want to end up, but have no idea where the starting line is. We want to have recurring passive income from rentals/ s...
I was hoping I might be able to get some thoughts from the community around a potential real estate investment I’m considering making. Here is the general scenario: Establishing a multi-member LLC in which my spouse a...
Hi everyone! As a total newbie, I'm trying to figure out this game and am confused about how much and when do you have to pay income tax on a rental property. If I collect $1000 in gross monthly rent, that's $12,000...
If you were to wake up tomorrow with $200k, what would you do with it to generate income and set yourself up for the future?
Good day Biggerpockets community!We are investors from Canada and just starting out in US market as well. We have registered an LLC in US, and I am looking to open a business account for it (we have an account for per...
I have a question regarding property managers. Is it abnormal for them to do a 2-minute analysis of whether they're willing to manage a property and give an estimated rent potential when shot an address?I'm dealing w...
Both income tax paid overseas for the capital earning and rental income can be used as a tax break. Income tax paid to the foreign can either be deducted or applied as a tax credit when filing your taxes in the US. Fo...
A family member owns free and clear a commercial property that other family uses so he does not generate any income (property was inherited). Can he take an equity line of credit out against it?
Im taking my real estate classes now and going over Cap rate right now and I really want to make sure I have a good grasp on how to figure Cap rates. I'm still a little confused about it. Do you use gross or net amoun...