Hi, I understand rental properties are not earned income so you don’t have to pay self employment tax on them. Has anyone fixed up flips or built new construction and instead of selling immediately, either rent...
I have a piece of real estate owned by an s-corp (of which I am the sole shareholder).It has appreciated substantially in the decades that I've owned it.I would like to transfer it to an LLC (of which I would be the s...
If you're looking for a way to build long-term wealth and financial freedom, Multi-Family real estate investing can be an excellent option. Here are just a few reasons why:
Cash Flow: One of the biggest advantage...
In the next year or so I think we will be selling our 2 rental properties and our primary residence to buy our retirement home. I want to explore ideas on how to reduce my tax burden. We want to buy a home with plen...
Hey All,My business partner and I are using Mojo Dialer and trying something new by getting a list and making some phone calls. I have gained some leads and have called them and left a voicemail but no reply. What hav...
Hi All,I recently sold a single family home in Orlando - Bought for $378k, Financed $275k invested $100k, sold for $640k just over a year later. Within one week I bought a condo for $275 in Tampa and paid cash. I...
Hello all,
I have an old single-family property built in 1960 being given to me from my elder relatives. I plan on selling the property so I can take the profits and reinvest it into something better. Knowing that I ...
Hi everybody, I'm just getting into my first real estate venture and I could use a little guidance. Here is my situation:1. I'm 26 years old with a steady job as an accountant.2. I have a trusted real estate agent who...
Hello to all,I just discovered this organization and recently became a member. Very excited to have found BiggerPockets and all the great resources here. As I'm just getting on board here, so I've got tons of homework...
Good Afternoon BP,
Over the past four months I have been reviewing countless youtube videos, podcast, and open forums for real estate investments. I am ready to make the leap in starting my own Real Estate investm...