Rusty Scott
Tax Treatment of Agent Commission on Own Purchases
For those licensed agents out there....when you buy a property for yourself, either personal residence or investment property, you typically receive the buyers agent commission.Is this considered taxable income? Or is...
Shiv Jey
High income, low time
Hello all,Wife and I are high earners with busy jobs and limited spare time (total salary >$1.2M/yr). We don't live lavishly, pay a ton in taxes, and are making traditional investments. Our savings are starting t...
Eric Reichelt
Break even cash flow, why or why not?
I've brought this topic up elsewhere, but would love to hear more input from seasoned but and hold investors. Let's assume only the givens to making money exist on these, meaning no appreciation or rental increase....
E.S. Burrell
Buying your own health insurance
Hi all.... I own six properties and my goal is to purchase 2 more by the end of the year. I also work FT. I need the health insurance benefits my job offers. How do you all manage health insurance? Do you buy your ow...
Curtis H.
Buying a home with a Reverse Mortgage
So I have learned that when trying to create a list with owners who have less than 10% equity, I accidentally made a list of a bunch of reverse mortgage owners and mailed all of them. LUCKILY I only mailed one zi...
Account Closed
Tax considerations you MAY NOT KNOW about short term rentals
In the realm of real estate investments, the short-term rental loophole offers a unique opportunity, subject, however, to certain rules and regulations. According to passive activity loss rules, every business is obli...
Account Closed
15 Undeniable Reasons It's Time to Sell Your Investment Property
Deciding when to sell a rental property can be one of your most challenging decisions. The problem is that real estate markets are constantly changing. Selling a rental property too soon could mean missing out on a pr...
Michael Kim
Passive Investor Looking for Partners to Invest in Multi Family P
Hello everyone. I am new to biggerpockets and real estate. I am looking invest passively into mid to large multifamily complexes in any states in US. I am preparing to sell my present business and other liquid assets,...
Michael Plaks
EXPLAINED: "Real" cost segregation vs. DIY cost segregation
When your property is relatively inexpensive, say $200k, and you want cost segregation applied to it - is it worth it to hire a cost segregation firm and pay their fee? Before we explore this question, an important re...
Rich Becker
Seeking Long Island network
Hi All-just joined BP. I am a CPA who works and lives on Long Island.I wanted to see who is in the Long Island area and has valuable information for a newbie entering the LI real estate investing market. Seeking to co...