Can I deduct passive RE losses from nonbusiness income??  I was not aware of this.  Is this true??? See section in bold/underlined belowBelow is an article from the Washington PostTax change in coronavirus package ove...

The following is not legal advice.
Having read numerous horror stories here on BP about failed projects and lost money due to less-than-honorable contractors, I feel compelled to try to provide some guidance to those...

Hello BP!Long story short, I've hired a law firm to form a single member LLC for the sole purpose of investing in rental properties.  However, when electing to be taxed as a sole proprietor (IRS default for single mem...

Hey everyone - I recently moved to North County and am looking for a meetup. Would anyone be interested? Maybe at a brewery? I've seen a few for downtown, but I'd love to start one here. I'm a beginner and looking to ...

I am a landlord of a 4 unit building where I rent one unit to my sisters ex boyfriend/baby daddy. I keep the property keys on the key holder on the wall. My sister took the ex boyfriend spare key off my key ring witho...

Hello Biggerpockets family I am closing on a property in Jacksonville later this month.I have a question regarding the Heating / Cooling of the house.This property was built in 1942 and this property does not currentl...

I have been finding out that the people that get "interested" in investing their money in real estate seem to cool down by the time I put a deal together. I am currently going through the process of getting loan throu...

Hey all, Thanks for viewing the questions and apologies in advance for the long message.

I'm in a bit of a struggle deciding on a new, first investment that is as follow:

Property: Previously a 60 year old gas stati...

Recently I have taken Brandon's advice and started to analyze rental properties every day just so I can become comfortable with the process and the numbers so that I can pull the trigger when I have the capital to do ...

How do I create a Land Trust in the state of California. I believe there is no registration for it and I will need to assign a Trustee and place my SCorp as the beneficiary? Is there a standard document for this? Or c...