Jon New
Loan Process
I was hoping someone out here would be able to provide some insight on just exactly how the process of getting a loan approved and underwritten works. Seems as though the standards aren't always the same. Any insigh...
Ryan Sauer
First time landlord as of Friday. Tax questions. Any tips?
Hello everyone,I became a landlord for the first time ever on Friday. My property is a 4-plex in Welland, all units 3 bedroom, 1 bathroom and a basement. Each unit is fully rented, so I provided each tenant with a new...
Karen Lane
Residential Assisted Living Education
I am interested in opening a residential assisted living home in Kentucky. I am trying to educate myself and the only program I have found is @Gene Guarino’s Residential Assisted Living Academy. I read on another thre...
Mengqi Jia
Claim RE Professional status with W2 from full time job
My partner and I working full time with W2s and our income is above the $150k limit. AFAIK We can not use the rental loss to offset our W2 incomes without RE professional status.I understand it is usually tricky to cl...
BB Liu
From a lawyer: Mechanics Liens (New York State)
Hi BP community.I am a relatively new real estate investor, but I have been a full-time attorney (litigator) for almost a decade. I am about to start my first flip, and had done research into what to do if a mechani...
Alex Howard
First time HML experience
So, I figured this might be helpful to let first time buyers know the process and struggles I went through buying my first flip property. I have no background in financing, or real estate ( besides buying my own home,...
John Prorok
No responses from syndicator
Has anyone else here invested in syndications with Shared Estates Asset Fund? I'm curious about what others' experience has been like.I invested in a couple of crowdfunded syndications with them through the SmallChang...
Frank M.
Self Directed IRA Tax reporting?
For my current rental property, I file a Schedule E each year. And I have to track all expenses and income to do so.
Once I set up and fund an SDIRA via transfer from a regular IRA, what are the reporting req...
Anthony Klemm
SEC registration and exemptions
Newbie here with some questions...
I've been reading a bit about syndications and how they function as a whole. I understand that they operate in real estate under one of a few exemptions from registering as a securi...
Sagar Gulati
Legal Rental Application
Hi,Can anyone guide me to LEGAL Rental Application for the state of Texas (Round Rock Area). I want to make sure that I abide by the law when it comes to sharing the rental application with potential applicants. Parti...