Hello Folks,
I wanted to seek advise from the savvy investors here at Biggerpockets.
My father, who lives overseas, has 100k in US dollars that he would like to give me as a gift for me to invest in Real Estate. M...
Hello BP Community, Our company is dealing with a tax lien situation that is a first for us and worth 1) asking for advice and 2) sharing for the benefit of this community. We purchased a tax deed for a vacant lot fro...
I'm a broker and property manager in Sacramento with 100+ Airbnb properties in my portfolio. Today I had a new situation and obviously can't advise on tax/legal matters, but hoping to get some insight from the communi...
We are a couple with three rentals and our primary home. We have agreed to share the properties with her keeping the primary and one rental, me the other two. She is refinancing her two properties to take me off the m...
I recently decided to diversify my portfolio and explore real estate. My first buy was 'Financial Freedom' by Michael Blank, which introduced me to the concept of multifamily real estate and raising funds. Who knew? I...
In the realm of real estate investing, the IRS sets guidelines to differentiate between active and passive participation for tax purposes. Understanding these rules is crucial as they impact how investors can deduct l...
I know, I know..holding a rental property in s-corp is generally a bad idea. But it was done this way by my parents.So my family members' s-corp holds a rental property. And after researching for some time, I realiz...
Hey all! Long time lurker, first time poster!So my group and I are looking to break into the US Market from up here in the Great White North.I have a few questions I hope ya'll may be able to help us with!1. Before w...
My husband and I partnered with a friend to purchase our 1st deal. They put all the funds for the purchase and rehab cost. We agreed to split the proceeds after close. My husband and I did all the work and renovations...
Disclaimer: I understand that I should consult a cpa for specific tax information. I listened to a podcast a while back (I believe it was Brandon Hall?) Regarding house hacking and taxes.Im unmarried and have not had ...