I'm working a cash paid job (1099), and wanting to start investing in real estate very soon. I am currently filling taxes myself via turbotax. I file as self employed. I have spoken to a few different CPA's. They have...
Zillow loses money on each house sold but they are expanding to over 20 markets. We are entering the era of iBuyers and Wall Street wants deals. Anyone feeling this yet? House Flipper Zillow Lost $109K (37%) Per Flip...
Completely new. I have no properties yet, but I am in the process of teaming up with two others for the purpose of investing in a triplex or four-plex. The other two will be investing more money than me, but I will do...
When I typed in "2018 tax plan" into the BP forums, I was surprised that I couldn't find anyone talking about the Capital Gains rule to selling your primary residence. Currently you must live in your home 2 of the pas...
Hi, I’m new here. My husband and I live outside of Charleston, SC, and we have a few LTRs here. We are looking to get ourfirst STR in Western NC that we can also use as our own vacation home. We are interested in Wayn...
Hi everyone, I am paying big taxes (my opinion) with my 1099 income. The CPA really has no good advice besides home office deductions and IRA contributions. There has to be a better way. To all of my smart friends,...
hi all, I just acquired a 16 unit. They are all 1 x1. No laundry hookup. I have space to build. Has anyone added a coin OP laundry building? If so how big, cost to build, cost to operate and is it worth it or profits?...
Both businesses are non-passive businesses:
In your opinion, if you had to decide between starting a brokerage or a flipping business which would you choose? A brokerage would need to constantly lead generate for ne...
I know it's been asked & answered many times but since there seem to be so many new companies out there, hoping for an update...Looking for STR management software recommendations, and one of the features I'm part...
For example, say you owned a MFP with many units or an out of state property that you can't or don't check on too frequently and the property manager says there's a vacant unit that they're working on filling but they...