I'm currently a H1B visa (Temporary Worker) holder working full time in the states, trying to start my real estate investment. My current employer is sponsoring my green card application, but the whole process will ta...
I have multiple flips going, all under one LLC taxed as an S-Corp, and have the accounting structured as follows:- One Quickbooks file and one bank account for each property. I could use one file and one bank accoun...
My wife and I are looking to put our RE holdings on an "active" business footing, form an LCC (or one per held property?) and file taxes as a business rather than filing a form E. We have several reasons for doing...
The appliances in a duplex I bought are going to be replaced. Would love to write it off next year as an expense but wondering if that would raise a red flag with Uncle Sam. What do you all do? Capitalize? Or Expense?...
Hey bigger pockets community I watched a lot of videos on what software to use to find deals and there’s so many different answers that contradicts itself I’m confuse guys😅 but I wanna ask you guys what’s good for f...
We are buying our primary residence and it will have a 1 bedroom garage apartment in the back. We will start by renting this out to my father in law. Is this considered a rental property? Is there anything we need to ...
Financial advisors that will steer you toward mutual funds or insurance policies are easy to find, but finding someone that understands real estate investing and how to build a plan for the future around it is a diffe...
I'm a REI newbie from Alpharetta area and am active looking for an opportunity to get into REI.My goal is to start out with buying 1 Apt/Condo in Atlanta metro area and then scale further in coming years. My wife (IT ...
Hello BP,I am a new investor and just recently went under contract for my first flip property. I set up an LLC, and it will be buying the property. I also just opened up a business bank account. I have about 35k in...
Greetings everyone, I'm new to the site and to real estate investing. I'm 39 and live in Yorktown Heights, NY where I own a house with an accessory cottage which I rent out. I guess you can say I'm house hacking. My "...