I recently had one of my 1099 employees approach me about helping him deal with some back taxes that have come to a head and he is running out of options. He owes $60,000 to the IRS from 2004 taxes and he has asked me...
I am researching CT area not familiar at all with CT, still confused where to buy my 1st Multifamily,What steps do you take when you go into a new or neighboring state which you never invested before to make sure you ...
Hello BP! I have a question about note buying for the BP community. I have an investor friend who is looking to liquidate one long term note out of his portfolio. He's had trouble getting payments on time from the c...
With the SAFE Act cutting down on the number of owner financing transactions, I imagine many people are renting out their properties instead of financing them.
So, I was wondering if you can purchase an incom...
Hi MN BP Community!I was wondering if you could share with me your experience regarding analyzing rental property and what your ideal cash flow looks like!Brandon Turner (BP Co Host), when analyzing rental properties,...
Hey guys, Take everything with a grain of salt as the finalized regs were JUTS released today. Thoughts: 1. The IRS issued a safe harbor of 250 hours to offer some clarification. Meaning spend 250 hours on rentals(s) ...
I am interested in buying another primary residence to take advantage of Fannie Mae's 5% down for multi family homes so I can house hack. I am a single female and cannot drive since I grew up in NYC, so I'd like to ge...
This is a classic case of trying to separate personal tastes from what gives a kitchen the most "Pop!" and help sell a house fastest and for top dollar. Nothing appeals to everyone, however among the following, my wi...
Hello!
This is my very first post on BiggerPockets. I have been reading the forums without an account, and I think it’s now time to step up and ask for some advice from experts!
My fiancé and I are planning to move ...
Newb question here. I read the BP posts and have been keeping track of the time I spend managing my two duplexes, both bought this year, because I read there was a tax reason to do so. When I recently met with an acco...