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I have poured my cash into STR construction projects, and so actually have a loss which nearly equals my income.Using the "STR Loophole", this should enable me to deduct these expenses from my W2 income. However, this...
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Hey all! Quick synopsis of my background; contractor for ten years as well as six years of estimating multi-million dollar construction projects. In addition to this, I have been investing in residential properties ...
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I just set up my solo 401k under uDirectIRA, and the LLC that will be 100% owned by the 401k, and ready to buy real estate using the LLC.
My question is regarding taxation. Should I give my LLC's EIN number or my 40...
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I am a newbie to BP and just in time! I have declared 2015 as the year I begin investing in RE. I have wanted to break into the field for over 10 years but felt completely unequipped. I didn't know how or where to sta...
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I know that some areas aren’t as welcoming to short term rentals. Does anyone know the best way to check and see if an area allows it? Please let me know. About to start my research and begin pulling the thread on sho...
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In all of my rsearch I keep seeing the same phrase "You must automate as much of your business as possible. I have had great success using g Google Works. I l've gotten my website up and running, a Facebook fan page. ...
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Good Morning BP! I've been away from the community for some time while I've been stationed overseas and I'm looking to get some feedback/constructive criticism on an addition to my investment strategy. When I was yo...
I found an off market deal yesterday. While attending an open house yesterday a neighbor and I began chatting and it turns out he wants to sell! He is house hacking a 2500 sqft 6 bed 3 bath with current rents at $6000...
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Hey everyone,
I'm looking for real estate investors in the california area (near Antioch/SanFran) who need help fixing up houses, or anything else, in exchange for experience. I simply want to get my feet wet and cre...
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Somebody please help clarify the difference for me…I think a half plex is where the 2 units are owned separately…is that accurate ?