My CPA advised that since I will be managing the rental myself, rental income qualifies as Active (=earned) income (vs. Passive).
Does that sound right?
Hey Folks,
I'm new here, I'm 19 with a big interest in real estate investing. I work as a Bicycle Mechanic full time, I am in college at Ferris State University with a double major, Mechanical Engineering Technolo...
My husband and I have had a long term goal of investing in real estate and just recently started investing. We purchased five houses last year, all of which are producing positive cash flow. I just recently separated...
Hello BPers,For all the seasoned real estate investors out there, I have two questions:1) How do you have conversations with family during the holiday's regarding your real estate investing career?I am assuming I am n...
Hi, we're thinking about purchasing a str condo in st augustine. Winter rentals are to retirees, june july and aug to families with kids. Most of the tripadvisor complaints in the complex have to do with mattresses, ...
I'm just a few weeks into the 6-12 months I'm giving myself to get educated on REI before I have access to capital and start making decisions and (potentially) taking action.
Generally, I plan to
- spend most of my...
Knocking on neighbors door, do any of you realtors use this method to generate leads to get listing?
Ok soooooo I’ve got some issues like even wrapping my head around where to start and look for leads, I’m active duty military but I’ve put down the Xbox controller and I have started reading, watching, and listening t...
I'm not sure this is the best forum for this, but I thought I'd give it a shot. I am contemplating tearing down a home that is in pretty bad shape and rebuilding on the same land. Costs can vary wildly, I know this....
This is a 3 month update to Durham NC market data thread- Previous post: https://www.biggerpockets.com/...
This is counting as the .5 update rather than a full release since this is more of historical data post, as w...