Jasper Cooper
Tax-advantaged Accounts for Real Estate Professionals
Hello,I work a normal job, and my wife is the real estate professional who helps manage our investment properties. Due to depreciation, we report negative taxable income from our real estate investments, which helps ...
Joseph Burger
Just Starting Out… With $140,000 Capital. Strategic Advice?
TL;DR: If you were just starting out, with basically zero debt and costs, a low six-figure salary, and $140,000 to invest, with a desire to get into real estate, “connections” to a team of contractors and a great real...
Stephen Underhill
first property questions and FHA changes
hello everyone,
first off, thank you for taking a minute to read my post and i appreciate any suggestions you choose to offer. This is my first actual post to BP! so to start off and briefly describe my situa...
Matthew T.
Limiting Tax liability as a flipping company
I started another LLC in 2017 with a focus on wholesaling and flipping homes. We held nothing in this company and sold everything no longer than 5 months. Our CPA is saying we will be classified as a dealer/trader a...
Stephanie Grant
PML Equity Structure Ideas
Hello! I have a PML that will fund 25% of the property value to seal the deal - $550K - basically 25% of the total purchase price of the property. She is interested in having an equity position. We are fine with that ...
Ty Stephens
Active Duty Military stationed in Alaska...
Hi All,Just moved up to Anchorage, Alaska after a 17 day, 5,500 mile road trip through Canada. I am currently active duty military and will be stationed here for the next 3-4 years. Originally from Texas and am 29 ye...
Carissa H.
Should I start in property management or obtain my real estate license?
Hello,My name is Carissa Hendricks and I am so grateful to have found this community! I am finishing up How to Invest in Real Estate by Joshua Dorkin/Brandon Turner and would like to take another action step. My husba...
Kody Broussard
Looking for a new market to move to.....any suggestions?
Hello BP,I am considering moving to a solid emerging market to fully immerse in the opportunity. Any suggestions?Best Regards,Kody
Eddie L.
is quitting your job a good idea without health insurance?
everyone said quitting their full time job. i work for the city and the biggest benefit of the health insurance is only a few dollars per month for my family. i went to those health insurance truck that parked on the ...
Brett Iwanowicz
What does a successful business look like?
Hola!! I'm practicing my Spanish, haha, I plan to head back to South America before we get some snow fall!!!
This is a conversation that I'm starting to have on a regular basis, and it's one that we should all tak...