I've been reading old posts about the "real estate professional" status (of which there are many) but it isn't clear to me if flippers can utilize losses from their rental properties if they don't self-manage their pr...
Hi everyone! My first post on BP. First off, I want to thank everyone contributing to the forum. It's amazing to see everyone being so generous with their time, knowledge, and advice. I have been reading many of the ...
I am always motivated by reading stories or hearing podcasts interviews of how people were motivated to "just do it" and take that leap towards their first deal. I am continuing to educate myself and soak as much info...
Well, i woke up this morning and said, "Hey, I want to think of some creative ways to exit flips and practice investment analysis!". After brainstorming about what kind of exit strategy i might want to run numbers on ...
Surely someone knowledgeable in these forums must be familiar with the BP Book on Rental Property Investing?I became obsessed with this book and am beginning my journey into RE investing. And still trying to understan...
Back ground, I have a NW of approx. $1.3 MM. Three properties with seven units that generate excellent cash flow. I'm sitting on about $350k in cash and I'm wanting to put it to good use. Two questions: 1) I have the ...
Hi everyone,I'm looking to invest in some rental properties in Ohio because of the affordable prices and high cap rates. There's a lot of talk about both Cleveland and Columbus, but I'm wondering if anyone has studied...
I was listening to a webinar replay that briefly touched on hypothecation to recapitalize from performing notes to increase speed of building a portfolio. It seemed the overall focus of the call was on SDIRAs, but the...
Has anyone used their 401K to buy a rental and receive tax free income ? If so, how does one go about doing so? Would I be able to make repairs out of pocket or does everything have to be from the 401K?
For 1099s issued to yourself for your compensation of an S corp, one has until the end of February instead of the end of January. I saw an ad at BP for processing 1099s but missed who the vendor was. I also called a l...