Patrick OBrien
How to find investors I can pool with?
What is the type of group that pools money to invest in real estate? REITs aren't involved enough and don't have great returns. Anyway to find people to get into deals with without doing a whole ton? Preferably in my ...
Jeff V.
Questions for CPA - LLC Taxation status for Note Business, Performing and NPN
I will be setting up my LLC in Louisiana, in Jan 2024 and I have a few questions for any CPAs in the group that would be willing to provide some assistance.1) What is the preferred taxation type for a single member LL...
Tait Duryea
Real Estate Professional (750 hr) Log Samples
Hi all,I’m an airline pilot who owns a number of rentals and intend to begin using the Real Estate Professional tax loophole this year in order to take real estate losses against my ordinary income. I’m in a unique po...
Account Closed
CCIM Designation: is it worthwhile?
Hi BP,I've considered taking the CCIM coursework to bolster my investment analysis. Is it worth it paying for the course or paying to keep the designation active? If anyone experienced with the course, or the designat...
Ryan Mulson
Should you split wholesaling and flipping into two different LLCs
Hi everyone,So I am looking at getting into direct mail to generate leads for our flipping business and since the general consensus is you need to be consistently mailing in order to keep the deals flowing, I figured ...
Dan R.
Health Insurance on Schedule E
My accountant has taken the position that health insurance premiums for full-time, self-employed real estate investors are not deductible on Schedule E since real estate is not technically considered a business ...
William Coet
Making A Loan For A Private Flip. First Time Lending. Advice/Recommendations?
Hello,Preface: I have no lending experience, looking for recommendations on how to protect myself with a loan for a flipI connected with a guy who seems to be a "straight shooter" with experience doing flips, kids in ...
Kyle Meyers
1099s
As I understand it, 1099s are required for anyone I pay $600 or more during the year for my rental property investing. I have a few questions about the exceptions though.
1. Do 1099s have to be sent to cities or coun...
Melissa Patten
Short Term Vacation Rental Management Software Recommendations
Hello SRT managing friends. I'm about to close on an SRT and I am investigating software options to self manage. Anyone have anything they love (OR anything they hate)? I'm exploring all-in-one systems or best in clas...
Ramez Qubain
One million dollars in cash to invest in flipping houses
Hi Guys,
I have one million dollars in cash to invest in flipping homes. shall I flip a bigger number of small value houses or fewer bigger value houses? I.e. Shall I diversify more with less risk or focus my...