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I own the land in Maine near a major city with a value of about $42,000. I am looking into building 4 seperate cabin units at a cost of about $195,000. I talked to a local realtor he thought it was a great idea, that...
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I am so excited for Airbnb and the short term rental market in the upcoming year. There is still so much opportunity to invest in property that are perfect for Airbnb. However you have to make sure you do your home wo...
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Hey Guys!I am creating a third party management company focused on 30+ unit apartments initially with the real goal of 100+ units. I am a recent JD/MBA graduate who LOVES business development (certainly more than the ...
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In about a year I plan on starting to flip houses with a partner. Recently, I've started to do some research on different entities (S-Corps, LLCs, etc) in order to potentially minimize taxation on our profits.Based o...
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Hi All,
I just created a BiggerPockets account, and I am a tax lawyer located in Toronto, Canada. If anyone has investments in Canada or is considering making investments in Canada, feel free to reach out!
Thank you.
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I am heavily considering investing in edmonton or calgary. My thought process is , if I was to contact an agent in each city to send me some properties to analyze. Then see if I notice any patterns and go ahead with o...
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HelloDoes anyone know if the short term rental tax depreciation against w2 income has an income limit?I know there is 150k income limit for long term rentals. Does this apply to short term rentals?Regards mike
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Hi BP friends we have a small mixed use property and plan to rent out one of the rooms downstairs to a small business owner and use the rest of space for our own business. We still plan to sign a full commercial lease...
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Hi,I started my real estate investment journey 3 years ago, house hacking near a college town. Appreciation and equity has grown on the house and I should be able to access about 300k through a HELOC on this property....
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Hi, I'm looking for some thoughts and feedback. I am a carpenter looking to get both my CA Contractors license and Real Estate license, looking to build a business while pursuing my end goal of owning several multi-fa...