Hello California Real Estate Agents and/or REALTORS. I’ve been thinking about becoming an agent and I have a question.Here goes:Do/can agents get a salary when first starting out?Thanks
Thanks in advance for all of the help. I am looking at purchasing a 4 family REO in Milwaukee, WI (where I live). It is the dead of winter and was -12 this morning. This property is vacant. Is it a bad ideal to pi...
Hello BP!I have lurked these forums for years and found connections here that I've contacted outside of posts with great success. I'm looking for some questions answered so I don't continue to melt my mind through res...
Good morning all,I am currently talking with a CPA I want to use for filing rental and W-2 income in 2022 which is the year I bought my first rental property. The CPA I'm working with has about 80 other real estate in...
Im currently looking into buying and flipping houses. Can anyone help? I don't have alot of down deposit cash and haven't had a job for too long so I'm worried I won't be able to get a loan. Any info that can help tha...
Hey All!!This is my first post on the BP forums, quick intro I'm based out of Tracy, Cali. (NorCal), My goal is to achieve financial freedom, I like piping hot coffee and long walks to the pantry. Introductions aside,...
I am looking to get my real estate license in Virginia, I want to do the classes online and was wondering if anyone had any input as to which is the best company/ website to use. There seems to be a lot of different o...
Hello! I recently purchased my second home in Minot, ND while stationed here w/ the USAF. I used the VA loan on both homes and am wondering about strategies to extend my reach into more properties. I'm considering b...
Hello everyone,
Historically I'm a BRRRR investor. I've recently encountered an interesting scenario that I hadn't considered before.
All following numbers are approximations and exclude any tax implications:
I've...
I purchased a gas station in 2018. Gas stations normally depreciate over 15 years. But I’m using special bonus depreciation to take immediate 100% depreciation for the full cost of the acquisition minus the land cost...