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Hey BP Fam,
I just got off the phone with my CPA and it sound like me and my wife's effective tax rate will be upwards of 23%!! When I first started in real estate last, everyone made it sound like an incredible tax ...
Hi BiggerPockets community,First of all, we are newbies currently living in LA. My wife and I bought our first property (primary) back in June 2020 in LA.We are now thinking of buying another property as a 2nd home in...
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Hello, Fellow Bigger Pockets Members,I'm new to forum and I would like to know what can I do to earn an income immediately while I learn more about all aspects of real estate investing. I don't have a job and I'm a pa...
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First post! I just bought a townhouse 2 bed, 2 1/2 bath. Bought for 55k. I took a 45k personal loan at 36mth at 12.12%. Renter in place at 850 a month. Pays all utilities. I can pay off the loan in 11 months. I can al...
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Hello,My employer is in CA and I worked remotely from NJ in 2020 , I also own a multifamily in NJ and earned rental income in NJ. Do I owe taxes in both states even though I did not live in CA?Thanks
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Hello,I’m 19 years old living at home with parents and girlfriend me and my girlfriend have completely combined our incomes and at the moment we focus on reading rich dad and other financial books and information,we a...
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I have a new Rental property that I BRRRRed and is cash flowing relatively well. There is no early payment penalty on the loan. An extra $100/month would equate to the loan being paid off 7 years earlier and $27k in i...
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HI BP Members!I currently own a retail business in Brooklyn NY and am ready to expand my investments into real estate. OOS multi-family is the goal. I'd like to take the first step of getting an idea of what I could q...
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Hi Bigger Pockets, I am a new investor in Los Angeles. I have a multi unit under contract and have skin in the game, after that I will be short on cash flow. I would love to know what step two would be for creating ca...
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^ that's order of operations in case no one knew what I was going for ^I'm looking for some advice from those of you who have multiple rental properties. Thanks in advance~We bought our first rental condo in full last...