So I have seen this meme going around Facebook for sometime and I have tried researching myself but can not come up with anything solid. So BP is there any merit in this or is this another misleading Facebook post?
Is it common to see FOs investing in apartment buildings as part of their portfolio?
Hello everyone! I know the criteria to be a RE Professional is 750 hours in RE and more hours in RE than any other job. My accountant told me that I need to spend 750 hours PER PROPERTY which does not make sense. H...
Sorry for the Tarzan title, but I think it covers the bases. So I’m a W2 wage earner in the 33% tax bracket and my wife, who has no income, logged 750 hours on our rental house last year to qualify as a real estate pr...
I own about 16 rental properties. From time to time, I consider selling a property and ask my CPA what he has as the cost basis so I can understand the tax ramifications. Then there's a long wait... Is there somewh...
I read that landlords are exempted from issuing 1099s to contractors and laborers. Does that apply to buy and hold rehabbers as well?
Would it be ok for me to use sites like Redfin,trulia, realtor.com to do comps on a property I’m looking into purchasing?
Hi everyone! Forgive me if these questions are already out there, but couldn't find them after some searching. I have a few rentals that are already listed under one LLC.
1. Given that my LLC would then be li...
Do you own an investment property in Maui? If so, I am interested in hearing about your experience with property managers, as well as rental income. I am considering 1031 exchanging a townhome I own in Southern Cail...
Hello!
I am new to real estate investing and planning to purchase a long term rental out of state (as I live in San Diego, CA) in the next 3-6 months. I have two partners and we are planning to put 25-30% down (total...