Hi all -Tax question.  If you are a licensed real estate agent and end up selling your own property, do you still get to write-off the real estate commission against your profit/loss on the sale?  

Hello. My name is Russell and I am a Bigger Pockets addict :)

The apartment building I currently live in and pay rent in includes free water and heat delivered through radiators/furnace. The air conditioning is strictly window units no central air. I’m assuming people are using ...

Hello BP community, I wanted to throw out a newbie question, what is the optimal number of rentals to offset earned income? For example say 100k. Plan to ask my CPA, but thought I would ask the BP community there opin...

I know a lot of folks on this site are looking for cash flow, but as a part-time REI I would strongly prefer capital appreciation (for cash flow in the future) because I have a good corporate job and want to minimize ...

My partner and I currently own and operate an LLC that owns and manages several residential rental units.We were recently approached by an individual who wanted to invest in real estate. We formed an agreement that my...

Hello BP community,I am a new investor, living in Florida but just closed on my first two family in Connecticut with private lending. I'm hoping to relocate back north with my elderly mom in spring 2022. I own my home...

I have ran across individuals who flip houses and am curious as to what techniques they use for tax filings when they are not incorporated under an LLC or S corporation? When an individual purchases a property, how do...

So I’m desperately trying to get into the investing game.  I've been researching and saving for quite sometime now. The problem I’m running into now is financing.  Finding individuals to finance the deals aren’t a pro...

Hello Big Pocketeers, As Joe Fairless likes to jokingly say in his podcast, "you live and die by your property manager" and to a large extent, this is correct. A good property manager can make an average deal great or...