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I am looking to buy my first home this year and to buy my first income property next year. What are the basics when looking at a property to determine whether it may be good or not? What are the different methods to c...
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Hey all,Question here, obviously i will follow up with a tax attorney but wanted some preliminary info.Due to current mortgage rates I am exploring ways of getting creative. I have the opportunity of a parent who has...
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Ultimately, my goal is to be a full time investor, but I currently have a gvt job with good health insurance benefits and three young kids and a wife. It's not directly related to RE, but I am curious what others who ...
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If a person sends out 1,000 mailers per month for 6 months and they are expecting a 3% average return, is that 3% each time they send out a mailer or 3% overall for the 6 months?So is that 30 calls over 6 months or 30...
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Do you ever feel like you have an amazing idea and think there is no way someone else hasn't thought of this already? Well, that's where I'm at right now. So I am a veteran and I am eligible for a VA Home loan. This w...
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Hello, My name is Stirling. I have no experience in REI, however I have ammassed considerable savings, enough to make an investment in a plex rental property on the island of Montreal, Quebec.
I do not yet think I am...
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This is a follow-up to my last year post where I discussed CPA charges: https://www.biggerpockets.com/...The #1 question we receive from investors who inquire with my firm about our tax services is "How much can you s...
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Hi,
Im an agent in Virginia Beach and a Navy veteran. I have been curious about this method for a long time and have only seen it in theory and would love to hear from someone who has actually done it.
The Theory i...
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This guy's article states that depreciation recapture exclusion is not possible with the opportunity zone 10-year-hold:https://www.therealestatecpa.com/blog/real-estate-...Yet these other articles are stating that cap...
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I'm sure if I could search properly within the forums I would find an answer but so far nothing. I am looking to setup Quickbooks desktop pro to track all things REI to include BRRR's, flips, etc. I am planning on u...