Clifton Burse
Starting Judgment Recovery business
Hello, anyone have info on starting a judgment recovery business, forms or time it takes to complete recovery or any help at all
Anna Batchelor
How is VT STR income tax calculated?
I’m looking for some help understanding how my income from a VT STR is going to be calculated. I’m anticipating a 30k gross and 10k net income after expenses. Does the gross or net income get taxed? Since I’m only MAK...
Dean Valadez
Question on write-offs and do's and don'ts
Can I:- Purchase clothes (pants, shirts, socks, coats, jackets) that I would wear for doing renovations/rehabs and write them off? - Shoes, boots?- atypical tools, such as a knife or flashlights?- iPads or other such ...
Josh Myrick
New Rental Concept and would like opinions
So we are in closing on a property in Fairview, NC just east of Asheville. I wanted to discuss our ideas for the property as an STR and get some feedback and maybe a few other ideas. I have checked AirDna data and the...
Todd English
Main water line to house is broken
Good morning BP! So, we're working on a rehab HUD foreclosure in Duluth, MN. We've recently closed and discovered the water main from the street to the house is broken and needs repair/replacing. Anyone tackled thi...
Dallas Jacobsen
Capital Gains Exceeds $500k - primary residence
Hello,We are selling our primary residence after living there for 10 years, and will gain nearly $1M (purchased $390k, sold for $1.375M). We are immediately buying another house for $1.2M. As a married couple, we ge...
Eric Tu
San Diego (and Los Angeles) newbie
Hi everyone, (following the outline of the how to introduce sticky)
My name is Eric Tu, and I grew up around a stay at home mom that worked her butt off running a motel with my dad and eventually ended ...
Nick Meers
Cellular tower leasing.
Is anyone aware of how to find out if there are any cell towers up for leasing? Also, has anyone been through the process of getting one placed on your property. I've heard if it you haven't been approached, to not wa...
Michael Plaks
EXPLAINED: I started REI in 2021, what expenses can I deduct?
Here is the standard answer to all legal and tax questions: it depends. In this case, it really does. We have to start by answering 3 critical questions:
What kind of real estate business?Did it actually start in 202...
Xavier Marin
Twin Cities Investing
Hello Everyone, My name is Xavier Marin. I am a out of state buy and hold investor in Tennessee and relocated to the Twin Cities last summer. I am currently renting an apartment near downtown Minneapolis and I am look...