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Hello,I am just starting my real estate journey by reading various books on the topic. Why is it that passive income is touted as such a major benefit of owning rental property? It seems that the same profit could be ...
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probate lead letters and postcards that are working.
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Having a litle trouble finding an answer to this. I purchased a 1 BR 900sqft condo in 2021 with a depreciable tax basis of ~$275k and spent most of 2021 and first half of 2022 renovating the property (new appliances, ...
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Hi guys, I currently have 3 properties which together is 7 doors. Currently I have all of them under my name, is that fine or is it something I should get with a CPA about and get them under an LLC? Mainly for tax and...
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A Series LLC is a helpful legal structure for real estate investors, allowing them to create separate "series" within one main LLC. Each series can own different properties, protecting each one from liabilities relate...
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Does anyone have experience in adding ADU or additional separate living area in the Houston market as part of a flip? What were some costs involved and any learnings that can be shared? What was the age and type of th...
I have a friend with an old LLC that he uses for his main business but would like to purchase rental property. His main business is a 7 figure earner so I'm thinking he should definitely separate the two entities. Whi...
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Hi there! My name is Keegan Shaver, I'm a new investor in the southeast Texas area (mainly Beaumont). I joined Biggerpockets after reading How to Invest in Real Estate By Joshua Dorkin and Brandon Turner. My main reas...
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Hello All, I was recently introduced to "BiggerPockets" and I have to say it's awesome! I've been listening to the podcasts as well as reading the resource information and it's a bit overwhelming for a newbie. I would...
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Does anyone know I can start getting my feet wet with the acquisitions side of the business? I am in the process of starting an LLC, and I am taking Excel Modeling classes, but I feel like I do not know how to exactly...