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Hello,I am highly interested in begin a career in Real Estate Investing. I am wanting to do Buy & Hold Real Estate Investing with Single-Family Homes, and Duplexes. I am currently serving in the Army, and statione...
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I was wondering others opinions. I own 1 rental property and was wondering if I need to go the cpa route. I have been doin my own taxes through turbo tax but this will be my first year with a rental. I bought the turb...
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Hello BP STR experts, If I buy land first for constructing/manufacturing home, can I then claim bonus depreciation for such a constructed/manufactured home and use that calculated depreciation amount to offset my W2? ...
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I have a partnership I want to transfer into an LLC. Can I just transfer the Partnership to the LLC and keep the partnership alive, or do I have to transfer the partnership percentages to the LLC. i.e.- the ABC LLC wo...
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Hello folks, I got a question for Tax and entity experts. My wife and I are planning to establish an entity for a new business. This is an active business (not rental) but we decided for LLC due its simplicity in st...
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Dear Bigger Pocket Experts, friends and fellow Investors, I'm thinking of purchasing a property via lending from private lenders (more specifically, friends and close families). Can i just go online and find a promiss...
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Hello experts, This is my first ever post on this forum, this forum has helped me a lot getting clarity on rental investments. This time am looking to create LLC and transfer the deed to LLC instead of my name. I go...
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I'm interested to learn how people on these forums handle property management, labor, and any other expenses that you perform yourself.
Do you assign a value to your time and if so, is it market rate or do you use a...
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What should I know beforehand?I have between 60-80k this year to purchase something. I’m considering potentially a condo or lower end single family home just to hold and cashflow while I save up for my next one.Are th...
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I'm in nj and looking at mostly multi-families but I guess this can apply to everyone.
So let's say someone is asking $250k for a duplex. What factors do you use or what is your strategy in beginning negotiations?...