Hey All,
I've become interested in the idea of a self directed IRA as I'm growing increasingly put off by my Edward Jones dude trying to convince me that a 6% rate of return is awesome. I'm also looking into the pro...
I'm interested in Raw Land Investing like the Land Geek guy, but I don't ever see myself paying 1500 dollars for a course. Has anyone taken it? I'm intelligent so I don't need to blindly regurgitate scripts or mail ou...
In one of my groups, a condo owner has received a notice from the HOA board:"Unit owners shall be responsible for painting their limited common elements (earlier defined to include interior walls, wallpaper, and floor...
Hi Everyone!
I'm brand new to the Bigger Pockets site, and I wanted some advice on what to do first. I'm interested in buy and hold investing, and I'd like to buy my first property in the next 120 days.
I'm in the ...
Hello everyone, I'm new to the site and relatively new to real estate. I'm looking at a property in upstate New York of which I would like to do a subject to deal. I've been looking on the Internet and understand how ...
For those licensed agents out there....when you buy a property for yourself, either personal residence or investment property, you typically receive the buyers agent commission.Is this considered taxable income? Or is...
Just getting started with wholesaling. I inspected a lead I got from direct mail the other day and I'm wondering if I went way too low on my offer because I overestimated the rehab cost substantially.The owner was an ...
I'm hoping to further my understanding using the brrrr strategy from a numbers perspective and explain my current situation. Bringing all cash limits my buying power for the properties I'd like to get into which are ...
Hey guys, I have a question.
Hypothetical scenario:
SFR
$1000 NOI
$500 Service on a selling financing.
Cashflow = $500
Are you taxed on the $1000 NOI or on the $500 cashflow?