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First time poster, short time listener ;) Just joined today and have learned a lot just from searching the forums. I'm a Realtor and have been introduced to an investor whose agent recently retired and he needs an a...
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As the owner of a single rental property, I've been deducting rental losses every year, thanks to depreciation. I never thought much of it, because my W-2 income has always been well under the cap of $100,000 where it...
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Hello, and thank you in advance for reading this! I am a dentist, looking to get into self-storage as an owner/operator. I own two dental offices, so I have business experience, but no self storage experience. My g...
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What is the tax treatment for the different income streams from Lease Options? Is the Option fee self employment income (business income) when rec'd by a "future potential buyer"? Can the monthly income be "rental i...
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My business partner and I recently syndicated, and closed on a 62 unit multi-family property in Houston, Texas. I am writing this for the benefit of those interested in venturing into the commercial arena.
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Hey BP, I'm looking for a little direct mail help. I am a long-term buy-and-hold guy with 3 SFR so far. I don't do flips. I'm looking to get a direct mail campaign going (using listsource), looking for Non-owner oc...
In May 2916 I bought a condo in Tuscaloosa, Alabama which was my first rental property. I have been meaning to do it for years but just wasn't sure and I just kind of jumped into it because my numbers worked. Cash f...
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What’s your opinion on wholesaling? I’m 17 years old looking to get involved in Real Estate.
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For context: I have successfully "flipped" three houses in the past 7-8 years, all of which were my primary residence. I'm about to receive the contract on a SFH in NY state (buying outright with cash) with the plan t...
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Hi everyone! I am so impressed by the wealth of information on this site. I wanted to introduce myself, share my story and hope to network and learn from many of you in this group.Professionally, I've been a Registe...