Hi everyone!
So I just put in offer on my first investment SFR. From what I understand I should be opening a separate bank account for everything that has to do with the rental financials.
My question follows; i...
New as of 2020 in Oregon CAT (Corporate Activities Tax)Seems like it’s going to charge .57% of revenue over 1million. Just curious if there are other states out there that have dealt with this before and if there are...
I'm only interested in 2-4 unit properties.I've been researching markets. I found some good markets (growing. population, economic anchor, good school district, etc). The problem is there isn't much multifamily proper...
I have to give a shout out to Bigger Pockets! I am a regular listener to the Bigger Pockets podcasts when I am doing chores around my house and my STR property. A few months ago, I was listening to a podcast (I thin...
As with most investment vehicles, people are attracted by and curious about the possible returns. By investing passively in a real estate syndication, you can earn two types of returns: cash flow and profit split.
Ca...
I'm figuring a year end tax payment - we sold a rental property for a gain (held more than one year) and will have K-1 losses from two syndications that we are LP. Turbotax is allowing the losses from the K-1 to offs...
I'm a bit new to REI, and have done a few flips. Recently took on a house for a great price, due to having existing "squatters" inside. Figured I could likely Cash for Keys them, and also figured that the worst case s...
Hi BP community, I wanted to see if it's possible for me to qualify as a RE professional or what other strategies are available. I know that to qualify as an RE professional for tax purposes, I must:- spend 750+ hours...
Metro-Level Summary: June 2022 from Redfin
The table below measures pending sales that fell out of contract as a percentage of overall pending sales, and is sorted from highest to lowest. A metro must have had at le...
Dear BP LL colleagues,I was performing a final walk though at end of lease (@ DFW area) and noticed a crack at countertop. Would you consider this as a normal wear and tear or a damaged item that tenant is responsibl...