It makes sense to want depreciation to offset ordinary income.
Here's the kicker:You need to establish that you are real estate professional. Then you establish material participation.There are two tests to a real es...

Every once in a while (like just a minute ago) I see a post that is condescending or a below the belt hit. I would like to see right beside the "+" button to vote a post up, a "-" button to vote the post down. 10 po...

Afternoon all,My name is Cris and I am new to BP. My wife and I have 3 properties in Southern California we rehabbed and made into rentals. All with positive cash flow. Started back in 2008. Bought our first conventio...

Since mid 2020 when I started trying to better myself and put my life on a positive and successful track I have been spending every spare second gathering as much information as possible and putting it together to sha...

I’m looking to get into wholesaling but feel a bit discouraged by how competitive it seems and my lack of hands on experience—a lot of deals already seem to be under contract. For those who’ve started in wholesaling, ...

I assume, many Newbies and seasoned investors have experienced some “hate/envy/nay-saying” as you began your journeys. I’d like to hear how each of us takes it, and turns it into more motivation. I must say, the Bigge...

Hi, I am new at tenant screening. A friend has been using e-renter screening service for several years. The advantage there is, he gets the tenant(s) to fill out an application form (paper based) which has their SSN, ...

I understand that most folks on this forum may share my opinion but I just need a safe place to vent....I am so sick of people (mostly my millennial generation because we’re obsessed with online comparisons) posting a...

So next year 2024 mom is looking to get a house before she retired and go back to Jamaica where she will live I'm not going back so the question is which location would be best to buy a house that has the best opportu...

I use an AI tool to automatically message homeowners on LinkedIn. I get around a 10% response rate when messaging on Linkedin vs 2% on email. I just add a list of addresses and it ends up finding homeowners and messag...