Been exposed to the idea of using a turnkey provider for out-state/out-of-market investing vs. venturing out on my own*.
Just wondering the following:
Pros (e.g., less headaches)
Cons (e.g., ea...
We're from the NorthEast and looking to purchase our first investment property other than our current home. We'd like to use it a few times in the winter (Jan/Feb) and rent it for passive income the rest of the year....
If I run across a FSBO , can I ask them if I can sell their house for them even though I am not a realtor? Of course, I would get a fee. But I would continue to sell by owner and i would put it on my website, facebook...
2019 is the first year we start to receive rental income. We have 2 rental units located in different parts of new york city. My husband and I both work full-time W-2 jobs. We manage the units ourselves and one of the...
Hello All,My best friend and I have partnered together a few months ago and plan on flipping houses to start. We both have no experience in real estate but have been schooling our selves as much as possible. I have a ...
Any tax pro's out there?
If I own a LLC that owns an apartment building, do I have to pay self employment taxes on the cashflow each month? I know normally passive income does not get taxed with self employment, but...
Hey BP!Just received a call from a potential motivated seller looking to sell close to 5 acres of land. Is there any issues with this vs wholesaling single family ? Any tips or insight on evaluating this potential de...
Good Day BP Fam,So this is my first post, so I'll give some background. I'm active duty military, transitioning out to civilian life later this year. I'm in the final part of obtaining my agent license, about to sched...
Need help and advice! I have had a single family home rental in Memphis since 2011 and never had a tax issue. I am an out of state investor. My LLC was recently revoked and put into inactive status because TN Dept of ...
I've been researching how I should structure my real estate investments. I currently have all my assets under my personal name. As I grow my portfolio, I want to reduce risk, taxation and free up my personal cash vest...