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IRS released guidance yesterday saying that any PPP expenses that are forgiven are NOT deductible for Fed income tax purposes. In essence, the forgiven funds are taxable, in direct conflict with the Cares Act. Congr...
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Is moible home investing profitable? Im just curious since i just mainly deal with single famialy homes and wanting to explore of way to make money with real estate? What kind of profit do you guys make?
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Hello BP family, I hope this note finds everyone well. I have been a landlord (residential property) for over 5 years and I have been lucky with securing good tenants over the years. The only challenge I have had w...
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Good morning BP- I tried a forum search but the concept is broad enough I can't find anything popping up...please direct me to an existing blog post or forum discussion if this is redundant.I'm a Toledo, OH landlord w...
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Hello,I am helping my family property management company get a bit more efficient in how we reply to and manage a few different email streams. We run a handful of STR for vacationers, as well as several urban properti...
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So I work at BiggerPockets, as you may or may not know. I've been here more than a year, and got the job through an ad placed in these very forums.Hands down the best job I've ever had.Do you want to join me?We are cu...
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Been reading this forum for a while and am excited to finally make my first post. I recentlty purchased my first investment property. I closed on 10/15. It is a 2bedroom, 2 bath condo in a nice community - Wanted y...
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Duluth MN 1,400 square foot. 2 bedroom, 2 bath (although 1 of the bathrooms is in the basement and very gross) Renter has been there 13 years. The trulia estimate for the property is $116,000 but:A: Property is pretty...
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When I first started investing (8 years), everyone said it wasn't worth the time nor effort to get your RE License. Too many drawbacks they said.
NOW...I'm seeing a lot of posts and many investors are getting their RE...
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Has anyone seen the following program?
The homeowner is owes 300k to on a first mortgage and they are behind on payments and the current FMV is 150K.
A company offers to come in and purchase the note from the lender...