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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...
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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...
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Hello, I need a tax professional - we only have one property, but it's located in Ohio (we live in IL).
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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 ...
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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...
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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!
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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...
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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...
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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.
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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...