For about 2 1/2 years, I have been Self-Employed. According to my tax return, last year I broke even. While my income has increased drastically this year, I will still have some deductions. I've been thinking about fi...
Hi all-I was reading one of the blog posts on the Short Term Shop blog about Schedule E vs C, passive vs non-passive. In the blog, they reference, "According to Treasury regulations, vacation rental owners who rent th...
Hi BiggerPockets community,I have spent some time and been successful in the residential market (flipping homes) and wanting to diversify my real estate investment portfolio by venturing into rental apartments. I kno...
Since I signed up for my BP membership, I have been pretty diligent about trying to evaluate at least a few properties every day. Originally, just to get reps in I was utilizing the rental calculator for everything j...
I live in California but all of my investment properties are in Michigan and so far the biggest hurdle has been finding a good property manager. I’m on my 5th property manager right now and at this point I’m seriousl...
I'm interested in implementing the velocity banking startegy to pay down debt quickly. However, I don't own a home or any property for that matter. Can I set up an LLC for my business and build up my business credit...
We are living during the Cambrian explosion of “push a button” products and services. Push a button, get a divorce. Push a button, get a ride, watch a movie, deliver groceries and alcohol. I personally don’t see the d...
Hey fellow BPers, what is your approach to screening tenants? What are the most important aspects to a tenant's application to you? Attached I have a tenant screening document I wrote out based on episode 6 of Real Es...
Just as an FYI in case someone hasn’t seen it yet, Zillow is now accepted rent payments through their Rental Manager website. Last week they started an application service with Credit and Background checks. As of ri...