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Hey guys this is a follow up to my question from the other day regarding whether or not I needed an LLC for tax write offs for a STR property we just bought. I’ve come to the conclusion I don’t. With that being said f...
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Hi BiggerPockets community! Quick question: to qualify as a Real Estate Professional in the eyes of the IRS, I understand I need to log 750 hours annually, therefore my question is: can these 750 hours be spent workin...
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Good Evening my fellow Comrades, I have a few questions I hope someone can help me with. I purchased a buy and hold rental property last year (2019) and have just completed a complete rehab of the property. I spent $1...
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I finally joined the forumsHello BP MEMBERS!!!!My name is Jason, I’m 29 and I live on the outskirts of Columbus, Ohio. I plan on building a portfolio of rental properties over the next 20 years to lead me into an earl...
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Can anyone provide insight into the correlation between the time spent learning and the length of time it takes to initiate one's first successful real estate deal?
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Hi - Sharing an interesting article on Real Estate buying in Arcadia, CA. It's about 18 miles east of downtown Los Angeles.http://www.businessweek.com/articles/2014-10-15/ch...
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We paid $232,447.36 out to 36+ different trades & vendors for this home.This $232K creates jobs and promotes growth because it is spent and recycled in the economy, creating a ripple effect.Congratulations to the ...
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Can someone explain the Refinance part of the BRRR method? Along with house hacking tips for kitchen and bathroom?
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Hello BP! I am looking for advice and recommendations. I own a vacation rental management company and have properties on both VRBO and Airbnb. I am using Guesty for Host as a property management platform and am mostly...
Hi All,I am currently managing and automating my daily vacation rental tasks through Airtable, which I have connected to a number of online softwares through their API's (Gmail for emails, Twilio for SMS's, Slack for ...