I'm working with a CPA who is arguing that STR should be considered a passive designation and therefore losses in our holding LLC cannot be applied to my W2 wages (which are > $150k). My spouse and I will be alloca...
Hey BP community, I am a newbie to the real estate community. The wife and I are looking to find our first home to begin investing into. Being A/D military it is a bit tough to maintain homes when we move every 2 year...
Hi all!First I want to thank everyone who gives this forum life by helping others like myself with a wealth of knowledge! I've been a lurker for a couple weeks now and listening to podcasts. I have have always had a i...
Hey Folks, I'm taking my national and state salesperson exam early tomorrow morning. One thing I can't seem to remember and consistently get wrong on practice tests is the difference between Truth In Lending, RESPA...
I’m considering hiring a comission only employee and wanted feedback from anyone else who has done this? What type of pay structure did you set up? How difficult was it to find someone? Any other details would be g...
Hi Everyone! I am starting Real Estate classes Monday in Morrow at GA MLS Institute. I'm nervous but also super excited to start! I was wondering if anyone had any beginners advice for me? It's a 2 part course, so Rea...
I have a few STR's and am venturing out into MTR. Looking for advise, and maybe a punch list of "must haves" for the unit. Thanks in advance!Jeff
Los Angeles County, CIty of Signal HIllTenant with anxiety disorder presented with prescription from physician for daily medical cannabis inhalation.My first thought was, 'is that without filters by any chance?' but n...
Hi All,I am an investor, and Property Manager on the SW side in Chicago- I recently passed my RE Exam and looking for a sponsoring broker that I can team up with and learn the ropes. I do have an FT job as a General M...
It seems like a proforma is only of limited usefulness because it can be so wildly inaccurate. How do you pros workaround the sellers lies and misrepresentation on a proforma? What tips do you have to help a newbie pr...