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1. Increased Institutional Investment: Large investment firms and private equity groups are recognizing the potential of mobile home parks as a stable asset class, driving up purchase prices. This is a predictable cas...
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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...
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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...
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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...
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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 ...
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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...
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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?...
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All,
I'm 18 years old and have a passion to learn and grow in the real estate investment industry. The questions I have for the forum today are many and am just looking for guidance from anyone willing to give it!
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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 ...
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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...