Hey Everyone, If you caught my last thread you will know I bought a couple mobile homes to be used as rentals.  Both of these mobile homes need repairs, flooring, cabinets, sheetrock, windows, siding, etc.  Once fixed...

Hi everyone,Our partnership files a 1065 for passive real estate income.  In the past we've always reported passive losses on our real estate investing activity.  This year (2022 tax return) we are reporting passive n...

Should I create an LLC for my first real estate deal? Or when is a good time to create an LLC?

Hello,I have read the requirements to qualify for material participation on an STR, but I only see info on hours/ work preformed. Are there stipulations on having a full time job, or a threshold of how much income you...

Hi--I've been trying to close for months on a foreclosure. Got the titlework today from ServiceLink/Chicago Title, and have a question for you experts (I'm supposed to close tomorrow). The previous owner has a 22K t...

Looking to attend my first REI meetup in Tampa, FL area.  Looked on meetup.com and found a few differnet groups there.  Anyone recommend any of these groups or others?

Hey everyone, another L.L.C. question for you. I am starting the L.L.C. tomorrow! Can't wait! I am lined up to get my EIN through the IRS site. Do I also need a Colorado state EIN? I will not have any employees o...

I am finishing my first year as a real estate agent and am hitting a block with follow ups on leads. I focus my business on door knocking, cold calling, and my sphere, with the intent of purchasing physically distress...

Hello,Still trying to wrap my head around the refinancing part of BRRRR. I'm reading the book currently and taking notes as a go, but have already developed a few questions:1) Ex: I find a private money lender to buy ...

I have 50K to invest in wholesale properties. I live in San Diego. Where do I invest?