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I’m a newer investor. Currently we own (4) properties. Most are multi-unit. Since my earliest research, I’ve heard of the tax benefit that comes with real estate investing. I have a high income job that is not relat...
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Wondering how many will be taking advantage of the new safe harbor rule? Accountant says need to be in a trade or business and pay SE tax. What is your take?
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Hello, my father recently made his single family home and is creating a 4plex in Los Angeles, CA which will be done in approximately 1 month. I have offered manage the property, since I want to begin real estate inve...
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Hello everyone! I'll be closing on my first house hack tomorrow and I realized that I have no idea how I'll be collecting rent. My first thought was just Venmo or some P2P app like that, but then decided I probably wa...
Hello BP Community!Newbie here and i'm about to close on my First Deal, and i'm very excited! This community has been invaluable in answering questions and providing advice, thank you! While making my plan for the nex...
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Good day,Wanted to reach out and get some feedback on a particular topic of cash flow. Since the tax season is coming to a close I had a question on how to shield or protect your annual cash flow from being considere...
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We're just jumping into multi family with 6 duplexes that were sold as a lot by a retiring investor cashing out. While we're under contract moving to closing we have been reading the forums, ebooks, watching you tube ...
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Hi everyone! I want to form an LLC for my new wholesaling business and want to open up a bank account for it. My question is, my credit isn't great right now, and I know that banks are suddenly choosy about who they w...
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Scott Trench states in the conclusion of Chapter 9 that it is "inefficient and dangerous" to attempt high earnings if an investor possesses less than $100,000 ready-to-invest dollars. He goes on to say that it would b...
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Hello BP forum!I am having trouble accessing my messages from AirBnB. I've called them 3 times regarding this issue and they tell me it's a "known issue" and that they are working hard to resolve it. I've had this pro...