Stan Pace
Realestate Professional status (qualification)
QUESTION: I have 9 rental vacation properties that I rent online. 3 do not qualify as long term, because they do not meet the average 7 day or above rule. However I manage, market and rent them in the same format as t...
Austin Youmans
Is anyone apart of CCRA?
I tried going to a CCRA (Clark County Rental Association) Meeting and now one was there.Just wondering if anyone is apart of it and what do you think about it?
Yoshi Uem
Net worth as accredited investor whose primary residence is MFH
Hello!I am trying to calculate my net worth to see if I am qualified as accredited investor.Question is,I own a duplex and live in one side and rent the other side. When calculating net worth for accredited investor s...
Neil C Stark
SSI income for rental property
Hello Bigger Pockets Community!I am renting out my first Single Family home and had a potential tenant call me. I am requiring applicants to earn 3X the monthly rent for income. The tenant did not meet this, but said...
Jason Watson
Material Participation and REPs
What are the general tests for material participation? This question comes up all the time. As tax professionals, we want to get the word out for those considering a real estate professional designation.
Ok. Here we ...
Mark V.
Looking for financing advice
Hi all,I'm nearly done with my taxes so I want to start prepping. Looking to buy in the summer or near the end of the year.I may actually qualify for a traditional but I need some advice.Right now I'm a hybrid w-2 and...
Peter Kozlowski
New investor business plan
Hey everyone,New investor here. I just read and took comprehensive notes from three books on real estate investing:- Long-Distance Real Estate Investing (David Greene)- The Book On Rental Property Investing (Brandon T...
Peter Kozlowski
New investor business plan
Hey everyone,New investor here. I just read and took comprehensive notes from three books on real estate investing:- Long-Distance Real Estate Investing (David Greene)- The Book On Rental Property Investing (Brandon T...
Jenna Goldstein
How Much of of a Mortgage Can I Get?
What income is counted for a mortgage? And how much could I get? Say, if our income is $300 a month?Or $2,000?Thank you!
Isaac Green
Can I get approved for a mortgage?
Hello Everyone!I am looking to acquire my first investment property (preferably a buy and hold). I live in Los Angeles where real estate is REALLY EXPENSIVE! I am a 22 year old, full time student with no source of inc...