I am interested in becoming a real estate investor but have been advised by my CPA that as a non pro, the tax dedications such as depreciation, losses, etc.
I do have a full time job and so does my spouse.
The 750...
I've recently been listening to a lot of different content about RE and heavily considering jumping into the short/long rental game. With that being said I don't particularly like the idea of smaller multifamily, the ...
Can't figure out why when I enter my significant syndication losses into Turbotax it won't show the losses. I have losses of about $73k and net rental income of about $69k. The turbotax tech said it's because I'm not ...
Hello all,
I'm 24 years old who graduated two years ago from credible university with a business marketing degree. Upon graduation I took a position with a fortune 500 company and work there still. I enjoy what I d...
I apologize as I could fit the full question in the title.We currently pay our nanny/sitter $500/week to watch our two young children. This is under the table and not tax deductable. Our arrangement works fine for b...
Hello, just wanted to throw a strategy out there for tax free retirement income. Refi ladder: for purpose of this posts we'll say we finish with 30 properties, all with 15 years of equity and payments on a 30yr note...
Hello BP community! I am under contract to purchase a single family home that I intend to flip. I am looking for advice on how to hold ownership of this property.I run a contracting business which I own and operate un...
why are investors so helpful to each other? You don't see this in other businesses. It's getting harder to find flips these days. So while I appreciate all the help, I do wonder do you guys ever feel like you...
We are about to start on our first renovation of a rental apartment. We are replacing bath & tub, refacing kitchen cabinets and vanity, and putting in all new countertops, sinks and faucets. Finally we are repl...
BP- my name is Tamara and I live in the DFW area. I've spent the last year following the real estate market and learning more about it, finally feel ready to make the jump to invest (especially since the deals are com...