Hello BiggerPockets!I just found out about this great resource and wanted to introduce myself.My name is Mike O’Connell and I am an active RE investor and RE broker in Fredericksburg, Virginia.I look forward to explor...
I'm planning to do a cost seg and use accelerated depreciation for properties bought in 2022. My plan is to use this to offset non-passive income. I know I should qualify as a REP to do this, but my CPA is saying tha...
Hey BP,
I learned about this website roughly two weeks ago while searching for RE podcasts. It's been a great motivational tool for me as I work a full time corporate job which has never interested me outside of the ...
I'm interested in learning about associated expenses, taxes and insurance needed if I engage with new agents and allow them to use my RE broker's license in California. I'm just a sole proprietor at this point, so an...
Hi all, I am evaluating a ~$1M property, first time in commercial. I am a little blind in this area (been doing rentals and flips past 6 years)- I see props in my budget but don't know about feasibility. Any SME's ...
Hi - I know that an out-of-town owner in Philadelphia has to name a "managing agent" who lives/works in the city for licensing (L&I) requirements. Does this mean an owner who wants to sign a lease directly can't d...
Per my accountant's guidance, he suggested I set up two LLCs for liability reasons. A holding company that owns the assets and another that deals with PM/tenant activity. On the deed, TABS Holdings LLC owns the proper...
Can anyone explain what deductions are allowable as a limited partner in a real estate deal vs. actively owning/managing a property? For example, if someone creates an LLC through which they invest in limited partners...
Hello everyone! I'm a long time podcast listener and just joined the site and went straight for Pro!
My name is Dan Holden and I'm originally from a small village called Phoenix in NY. Been living in SC for a...
Hey BiggerPockets family,
I wanted to introduce myself briefly, which I hope will ultimately lead me to learn more about real estate investing, networking opportunities, investor events, and investment opportunities!...