I am currently working a retail sales job making 25k a year and I have been trying to move my way up into commissioned high end home theater sales where I could make between 60-100k working 50-60 hours a week.

I thou...

Hi, I'm trying again to get into buy and hold rental units in near NW Oklahoma City. I'm interested in doing a rent to own on the house in living in, fixing it up, renting it out and moving to a duplex. I hope to move...

Apparently since 2012 it has not been necessary to prepare 1099-MISC's related to rental activity unless the activity is a trade or business. See this article:
www.taxcpe.com/blogs/news/1099...
What do you think - ...

Iraqi Octuplet Welfare Queen

The Media has been covering up the facts in the Nadya Suleman case. Her family are Iraqi immigrants on welfare. Her mother, Angela Suleman, filed for bankruptcy an...

I've been reading old BP posts and other articles all over the place, and I just want somebody to tell it to me straight: what's the real deal with wholesaling? I know it's more of a business than an "investment", but...

Finding a few properties that are OF, what questions would you ask from most important to less important. There are some properties I like that are advertised as owner financed and before I go in and make a fool, what...

Hello, Im Dusty. I recently moved to Bulverde, Tx from Corpus Christi, Tx. I've decided to take the leap this year and get involved in the real estate market. My CPA really encouraged me to get involved in rental p...

Hi BP community!
I currently rent in NYC but planning to move into my first home this year (my lease is over in December so that would be my preference to find something till that time). My goal is to find a single f...

One general question... Why is preferred or suggested to form the LLC that owns the RE rental property in the same state where the RE is located? 

I plan on selling a condo in San Diego and doing a 1031 exchange (planning in the next 4-6 months). I am looking at single family (option with turn key) and multi family. The question is what and where. With the inter...