Clifford Pereira
Real Estate Professional (REP) Status guidance
Hi, my wife and I started an Airbnb in Sacramento, CA, this year and are new to real estate investing. According to our understanding:1) California does not recognize REP status, but we could claim it on our federal t...
Densil Brown
The $1,000 investor starter guide
Hi BP community, I have been wholesaling for one month and am eager to closing on my first deal. I like the possibilities of creating through real estate through so many methods and allowance for financial freedom. En...
Zulu Black
Rental Property Deduction Limit
Hello All,This year, in July I started to enter the realm of real estate investing by renting out my SFH for $4k/month. I also have a full-time engineering job. I understand an individual may deduct up to $25,000 of r...
Desmond Drumright
What a good price for gutting a house
I’m trying to start a remodel business. I figured I can start off by gutting properties and build from there especially because I have plenty of helpers who can gut but not build. I just wondering what would’ve a good...
Jeff Spicer
Hello from Illinois
Hello BP Community,
My name is Jeff Spicer and I am a newbie. I came across this fantastic site this week doing research about investing in real estate. I am located in Bloomington Illinois. This places me...
Paul Sedillo
Report: Austin losing homebuyers to other cities for 1st time on record
I came across this article today that talks about the shift in the Austin housing market and wanted to pass it along:Report: Austin losing homebuyers to other cities for 1st time on record
Caleb Anderson
Want to start, but should I?
Hey BP, I’ve been doing research and keep hearing and reading “actually getting started”, as in buying a rental or BURRR or flip and hold, etc., is better than endlessly researching and analysis paralysis. I want to b...
Will F.
Don't invest in LA in this Market unless youre willing to GRIND
So many people are getting into real estate right now when it's hot.First thing is-- if you're not willing to GRIND then you're not going to succeed.If you already have tons of cash, lots of experience, or have 25 hou...
Kyle McCorkel
How to track hours as a RE professional
So this is the first year that I think I might have a shot at reaching the coveted "RE professional" tax status. My accountant advised me to start tracking my hours, both in my "real job" and in my RE business in 201...
Mark Mahoney
100+ Tenants, 8 Hours per Week
Okay, well let’s start off by saying “100 Tenants” makes it seem like I have 100 units. That is not the case. I took a short cut to real estate investing. Let me explain how...I started off in real estate investing by...