Hello,My name is Joseph and I am a relatively new RE investor, I am enjoying reading BP forums and I intend to contribute also. I started my journey as a RE investor in 2017 with 2 SFR in Houston and 2 SFR in KC in 20...
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Current Situation - Trying to tax plan for 2020 tax year- househacking with SO and 3 other roommates, and planning to claim active participation and claim a deductible passive loss- Deductible expenses are based off f...
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I recently became victim to a complex real estate wire fraud scandal. I am writing this first of and foremost to get the word out there so no-one else follows in my footsteps. At the same time, if anyone has any sugge...
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Hey there.. Since this is my first post let me introduce myself a little. I've been a RE investor for many many years. I started with a singe SFR and worked my way up to multiples and then into fix and flip and gen...
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Besides the obvious write offs: gas, home office, etc. What are some of the worthwhile things you have bought that have a huge write off? At over 200k/year, with the progressive system your top end income is nearing 5...
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Hey BP'ers,I'm a huge fan of Dave Ramsey and his philosophy of being debt free yet I also have goals of owning rental property and cashflowing $10,000/month from rentals.I would love to create a strategy of buying ren...
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Hi BP,I'm a new real estate investor in NY. I invest in properties in Indiana. I closed on my first rental property last month, and currently fixing up the place to hopefully rent it out soon (should be advertising s...
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Hello All, I am bidding on properties in Florida almost every day and looking for some insights to save some time. For those that are experienced you know that this is A LOT OF WORK! We get O&Es, drive the propert...