Hello Everyone!I am a college student majoring in construction management in Grand Rapids, MI and have recently realized the endless possibilities that the Real Estate industry has to offer. Truth be told I have not b...
Aloha Maui Investors & RE Professionals,I had a Seller reach out to me with a property on Maui. I live on Oahu. Any Wholesalers or Cash Buyers want to partner for this potential deal and future ones?Also need reco...
Hello, I need a tax professional - we only have one property, but it's located in Ohio (we live in IL).
I've been listening to the podcasts the last 2 years, and I've purchased 2 homes in that time. Eager to learn more and take my financial future under my control. In the years listening to the podcast one common theme ...
Hello BP,
I would like to hear a second opinion here regarding Real Estate Professional Status (REPS).
Background: I have a full time W2 job. My wife does not work. My wife and I formed a partnership LLC back in 201...
I'm looking for a Tax professional for 2020 taxes and going forward, who is familiar with the following:
Rental Income
Backdoor Roth
1031 Exchange
If you'd like more information, please let me know.
Thanks!
Has anyone ever gotten questioned or audited when claiming the real estate professional status? This is something I've been learning a lot about and producing content on and I'm wondering if anyone could share a perso...
Hi all,
We (are still newbies) manage a small retail center in Cypress, TX. Last week we had a tenant rep broker reached out to us asking if we will pay a 4% commission if his client signs a 10 years lease (they alr...
We are just starting out, looking to rent out our current home and buy a new one. So possibly working with a smaller organization, who can advise first-timers?Would love to hear any recs you might have.
Any tax guru here can help me confirm this: even I spend more than 750 hours/year on real estate activities (managing my own rentals and being a RE agent), because I have another full time job (computer engineer) so m...