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I know that an RE license is not necessary to be an investor but I would like to bid on HUD and invest in different states to expand and diversify my portfolio. Before I invest in taking the courses I'd like to ask......
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Hi,a little confused about the short term rental loophole. Seems i can use my paper losses on my STR against active income if my avg stays are less than 7 days and I pass the materially participation test. Here's my ...
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I have been renting out the top floor of a condo for 6 years now (different tenants over the years). Had a new tenant move in 5 months ago. This is in Virginia.
Today I get an email from her telling me that she's bee...
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Hello,I have a few questions regarding using an FHA loan to finance on a fourplex. I've read plenty of blogs about the benefits of FHA & conventional financing to house-hack and owner-occupy properties. I currentl...
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I've been trying to find a definitive answer on whether a landlord (in my case, owner of 4 separate rental units) can take the 20% pass through income tax deduction for tax year 2018 and beyond. I've been reading conf...
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Hi BP, I’m in the process of renovating and setting up my first short term rental. The property is about 3 hours drive from my primary residence and I go there once or twice every week to work with my contractors to c...
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Does anyone know of any places where I can run a background check on an applicant that doesn't have an SSN. They have a drivers license through the Mexican consulate, and permanent resident status (green card). Smart ...
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Hi all,Just went to look at my first investment property and had a rude awakening.Everyone talks about getting houses below market value- my realtor informed me that houses in my county are getting 96-99% of asking pr...
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Greetings BP!Just sharing:I am a diligent hard working, creative and a flexible professional. With my eyes WIDE...opened. This newbie is now in a place of looking to work what she has obtained, while I am still young....
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Hi everyone!
I'm so excited to share that I've just listed my first STR in KCMO, right next to West Plaza! I followed much of the guidance on these forums and books I've read, and started off strong with over 30 nig...