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Hello,My wife and I are currently looking into real estate investing to create passive income. We are looking at long-term rentals of multi-family homes. We plan on using the FHA loan for the first purchase in order t...
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do I have to put a down payment down or earnest money? My plan is to get the deal and assign the deal ASAP. An example I fax a realtor and get them to agree to a deal of 150k on a 200k sale. Do I send them an assignme...
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Does anyone have any experience investing in tax liens through Quest Property Associates? I don't see any forum posts on this company. Apparently you set up an investor account with them and they do all the leg work (...
Hello BP!
My wife and I are ready to upgrade homes and want to keep our existing home for rental income.
We have had a considerable about of appreciation(100k) on the home since we bought in 2011. When we do eventual...
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Hi, looking to claim the real estate professional for tax benefits. I have a variety of qualifying activities on a part time basis that will qualify me, but am thinking of adding LSA (loan signing agent) to the mix. ...
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I would like my Airbnb to show up in a google search, so I have a few questions.1) I found a website that explained how to add it to "Google my Business." It requires a mailing address for the Airbnb, but I do not r...
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Hello BP,I am a novice investor with three duplexes in St. Louis, MO. I acquired my properties by house hacking FHA loans. Now that I am no longer single the option to house hack is no more and I would like to scale m...
Just read chapter four of the UGB. The part I wonder the most about is structuring a business entity. First of all, I'll most likely be getting into real estate by buying a small multi family property. Would it be in ...
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I posted this on the landlord/tenant forum but also want some input on the Philly sub as the property is located in Philly. Mod - feel free to remove if I am violating any rules. Apologies in advance.This is a complic...
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Hi all -Tax question. If you are a licensed real estate agent and end up selling your own property, do you still get to write-off the real estate commission against your profit/loss on the sale?