Geetha R.
Predictions for Charlotte Area amidst CoronaVirus/Recession signs
Hi Everyone,Stock market has crashed, there are mounting global economic worries, we are at the edge of moving into a recession. Companies are tightening their belts. I know the impact firsthand, I work for a financia...
Alexander N.
Deducting remodel; owner occupied ? W-2?
Hello BP!
I have a rental property (My first purchase. 2 units, both vacant) - One was remodeled before purchase, the other I occupy while I remodeled it to be in rent-able condition (mostly the kitchen, not fun). I ...
Zach Lemaster
HELP ME LIST OF ALL THE TAX BENEFITS OF OWNING RE PLEASE!
Help me make a comprehensive list of all the tax benefits of owning rental real estate!So far I have:-Depreciation =deduct home price (divided by 27.5) from your income, rental for active income-Rental income is taxed...
Jon Klaus
Real Estate Investor Partnering Wins
Joshua Dorkin just started a great topic on Real Estate Investor Partnering Horror Stories:
http://www.biggerpockets.com/forums/12/topics/59983-real-estate-investor-partnership-horror-stories
Make sure you read Don Ko...
Bobby Valcin
Daisy Chain Wholesaling
I recently came across a deal that I wanted to buy couldn’t but because it had a lien and the hard money lender requires 1st position. I ended up telling a cash buyer I know about it and he ended up buying the propert...
Kathy Shaps
What state do you recommend for LLC?
I am new to real estate investing and looking to set up an LLC. I live in New York but plan to invest outside of NY. I have read conflicting articles on the topic. Thank you!
Jamey Meints
First Year with Rentals (1 so far) and do I need a CPA?
I close on my first rental 4-3 in a college town and I want to set it up right.Can anyone provide a good reference for a real estate savvy CPA. I live in the Northern Virginia area and the property is in VirginiaHad a...
Michael Davis
Lee Arnold and Independent Broker program for private money.
Has anyone tried out the independent broker program as advertised by Lee Arnold and Cogo Capital? For $398, he promises to teach you how to broker funding up to $20 million per deal for real estate deals. Supposedly...
Rene Martinez
Land Purchase, Structure?
I have purchased several homes over the years but now am focusing on some land. My leader said she would not assist, that I needed to contact a bank. How do these get structured Similar to a home down payment? 20% The...
Bhumika Dhanani
Is Zillow lease valid and legal?
Greeting BP family!Is a Zillow lease considered legal in Georgia? Or should I have a real estate agent create it for me? Listing my rental through a RE agent is a great option, and we did for the past 2 years. I want ...