Sam Phillips
Building and living in ADU to rent the main house
We have just started the process of building an ADU (max 800 sq ft) in the backyard of the property we currently live. I can't find any guidance as far as maximizing tax benefits for either the building of the propert...
Account Closed
Currency play RE investing in markets like Brazil
With countries like Brazil experiencing an almost $6 Real to $1 US dollar exchange rate due to Covid, not to mention the drop in prices RE due to Covid, properties are looking very attractive. I see great opportuniti...
Nicholas Myers
New Investor from Michigan
Hello Biggerpockets,I am a new investor from Kalamazoo, Michigan. After reading the forums, reading all the books I could get my hands on, and listening to nearly every BP podcast in the past 2 months, I've decided it...
Greg P.
Rehabbing or Rentals? Is there a final VERDICT?
Hello all. I've read the previous posts on this topic, but still feel a bit confused. If my end goal was to get into Commercial deals, lets say within 5 years and by that time the market goes up; which strategy is b...
Cameron Riley
Do you put the rental criteria in the LISTING?
- What would be the benefit to doing so? - why or why not did you decide to start posting the criteria in the listing
Allison Pimentel
AirBNB' with out owning? How do I determine the need in my area
Looking to see if anyone does Air BNB and does not own the property? I am trying to determine if there is a need for a corporate style one in our area. I have looked at the Air BNB DNA sites and would just like to see...
Pat McQuillan
How deductibles in an LLC affect personal taxes on 1040
Hi Guys,I'm planning on incorporating a single-owner real estate holding LLC in Delaware/Nevada this year and am wondering what the tax advantages are of doing so. The LLC will focus exclusively on residential multi-f...
Michael Glorioso
Real estate licanse or not?
I currently have a job that pays about 2000 a month or 14/h. I have already taken to realestate class once but failed to take the state exam. I am mainly interested in real estate investing. Now to get to the point, s...
Ben Jenkins
First property purchase. Rent out, or move in?
Hello all,I'm just getting into real estate, and I was hoping you well educated people could help me make up my mind about something. I'm currently paying rent ($700 monthly), and I'm looking to buy a house. The choic...
Luke Marron
Advice from experienced flippers to a wanna-be LA flipper!
Hello I am seeking general advice from any experienced rehabbers (LA rehabbers preferably) that are willing to share their cold-hard truths or suggestions to someone currently in search of rehab opportunities in and a...