Account Closed
Rental Property & Taxes
Very new to the real estate investing. We own 2 rental properties and own the house we currently live in. Last year, we only owed back around $100 for taxes. This year, our CPA is telling us we owe $4,000. We’re just ...
Peter Sik
Invest in apartment or single family house?
I am looking for passive cash flow, let's say the cap rate is about the same. For 500k investment, do you invest in apartment complex or single family houses in Dallas TX? Reason for thinking invest in apartment com...
Pete Bell
Commercial Cash Out Refinance
Hello - new to the site, but have been lurking for a year or so.I am the owner of a corporation that holds a somewhat sizable commercial office property which has been within the family for more than 6 decades. Histor...
Justin Kaye
Newbie investor living in Tempe, AZ soon to be Tucson, AZ
Hello Fellow BP members,Just wanted to give a shout out and hello. My name is Justin and I have been learning about investing in real-estate for just about 1/2 a year now. BP has been my go to site for learning and in...
Lisa Jones
Investing with debt?
I have credit card debt, student loans and a car loan that's upside down. Between my fiancee and I that equals about a total of $56000 in debt. Should I spend time agressively tackling debt or focusing the time and mo...
Kuttan Lal
Realtor getting into investing
I am a new agent that got started in the business in January of 2019. I've only gotten 1 listing, and been working with multiple buyers but have yet to get to a closing. My goal was buy at least 1(my first) invest pro...
Steven Morris
1099 Main Income - Can I offset it with my rental expenses
Can I deduct my rehab expenses from my 1099 wage earned at work, to offset my high income? I make 93$/hr (193K a year) on my 1099 and my wife makes around 95000 a year salary. I also purchased a rental home and I am g...
Shafi Noss
Tax Topics: What is Passive Income?
Hi everyone, in my last post I wrote about the tax benefits that non-real-estate professionals enjoy by investing in a syndication. There were some wonderful answers by Charles LeMaire and Roni Elias among others. It ...
Sean P.
Primary Home to Rental - Sec 121 (with a twist) Question
Hi all - newbie and first time poster. I will soon be facing a scenario in which I'd appreciate the community's input. In 2015, my girlfriend and I purchased a condo in a hot neighborhood of Chicago. To get technical,...
Jessica Matthews
New Member US citizen residing in Lisbon, Portugal
Hello,My name is Jessica Matthews, A wife to a US service member and mother of three. Now that our children are in school full-time I have a lot more time to educate myself and work towards our goals. We would like to...