I know that the IRS frowns on running flipping businesses out of your SDIRA. How is private lending viewed by the IRS? Is there a point to where you are considered a Lending business and become subject to UBIT?

I am brand new to BiggerPockets and trying to soak up as much knowledge as I can here. I've found everything and everyone to be extremely helpful and full of beneficial information. Any specific advice or conversation...

Hello BP Community,I think I know the answers to the following questions, but I wanted to verify with the BP community:Background: I have spent the last few months researching, visiting, and placing offers on properti...

I was talking to one my buyers just the other day and discussing criteria for a Single family properties etc. One issue I think would have been earnest money. However, would it be necessary to ask this specific cash b...

Hello, I am newbie and need help. I do have 2 rental properties. Can I employ my 18 year old son to manage these properties, pay him (put that in his College fund/IRA) there by reducing my tax liability on the rental ...

Hi, I'm looking for a property management company that bundles in their pricing for securing new tenants.  Does this exist in Chicago?  I own a multi-family 6-flat.  The property managers I know charge one month rent ...

I need to use a street address for a dba filing and plan to use a UPS Store mailbox rather than my residence address. Can I still get a home office tax deduction with the business address different from my residence?T...

BP Nation,Here's the idea: I've been thinking about this for some time and woke up this morning telling myself to stop putting it on the back burner. Idea: Volunteer my services and use what I'm proficient in to help ...

How have people balanced work and life. Especially with a young and growing family? I see that many go into Property Management for its flexibility of hours.
But can find themselves working like mad at times or have ...

Hi Folks, I really need some advice.I have three SFH rental properties now. They generate about 1200 bucks in Cashflow (after mortgages, fallow, etc) total. I am ready to pick up a few more, and really want to start l...