Good Morning BP Community, I'm currently working on getting approval from my lender to purchase my second property in Chicago (Logan Square) and will be doing so using a loan with 25% down, 10% percent being cash and ...
My wife is REPS status. I am a W2 employee. I used to believe that the limit is $500,000. But is it still true? Thanks in advance!
I know a lot of people on MF use anywhere from 20-25% set aside between Vac, Maint and CapEx (trio) which is fine. My question is, is there a level you are comfortable setting aside? Let me explain via an example.Let'...
Hello, Bigger Pockets community. I would appreciate some expert, experienced landlord advice from you all. This property was new when the tenant moved in three years ago. Shame on me for not doing a proper...
I am a enthusiastic U.S. Navy Veteran seeking a network of Real
Estate professionals that are eager to assist newly dedicated investors
in the process of building their own Real Estate Portfolio's. I
understand ...
Hello everyone,
About to open an LLC to hold a few properties in. Wondering how I should elect to have my LLC taxed? S-Corp, C-corp, etc..?
Thank you in advance!
Hello,I have an investment property 3 hours away from me that’s getting rehabbed. My relationship with my contractor is going sour and I thinks it’s best that I move in a different direction. I paid him 25% in advan...
I’ve noticed that it’s hard to get info on more advanced topics on this site, because when you ask questions that are more advanced they don’t normally get any engagement. Am I the only one experiencing this? Does any...
Hello everyone!
I'm reading a lot about passive vs non-passive rental activities and cannot really find a clear explanation.
This publication from the IRS says:
1. "Material Participation: A trade or business activ...
Hello there Team of Professionals,Can anyone point me in the direction of a Good Title Comapny in Charleston SC that is Investor friendly and has conducted "Assignment Contracts" and or "Double Closing"?Thanks in Adva...