Lyle Cooper
Real estate professional qualification
The real estate professional rule states:"A taxpayer will be considered a real estate professional if (1) more than one-half of the total personal services the taxpayer performs in trades or businesses are performed i...
Jack B.
Nearing point where it makes no sense to buy more rentals
I've considered selling some rentals and buying two rentals with the money from each. I did that with one rental earlier this year. But with the market likely having only a few years to go before another correction, t...
Jimmy Lieu
Help getting a pre-approval with a 1099 job?
Hello BP community,I recently just road-tripped from Portland, Oregon to Columbus, Ohio to start building my real estate portfolio here. However, I've just come across a huge hurdle. I received my job letter and it's ...
Marlon Lacayo
How to invest in-front of a looming real estate crash?
Hello, everyone!I'm a new investor that was keen on getting into the real estate market in 2021. As I'm reading more and more I'm seeing a pattern of belief that we are headed toward a real estate crash. Unemployment ...
Fred Pineda
HOA Foreclosed But Now Fannie Mae Filled Lis Dependis
Hello Guys & GalsIm from Miami Fl and I did my first deal (flip) 11 years ago. So now my wife and I are wanting to get back into it. We have excellent credit and have already lined up with a Hard Cash lender. So w...
Taylor Holden
How to figure out if a property is mismanaged vs. not profitable
Hey guys, I’m newer to bigger pockets but have been running my own home as a rental for 2 years now. I thoroughly enjoy it. I’m looking to branch out and become more profitable in the passive income business. So I’m c...
Marco Bario
Good Time To Sell Partials
Cash is King, and investing is about managing risk. I market to owners of Seller-Financed notes interested in trading future payments for cash. Buyers of this type of paper are still buying, but with the COVID19 econo...
Indra H.
45k town house purchase with cc
Hello folks,Im looking for suggestions, i am closing on a townhouse this week. Im paying for it with a credit card. 45k, valued around 65-70k. It is currently rented $850, but could be 950-1000.Credit card interest ra...
Jim Cummings
Landlord Guilty Of Not Stopping Discrimination
Do Property Managers Have A Duty To Protect Tenants From Known DiscriminationMarch 20, 2019Federal appellate court determines that a landlord can be liable under the federal Fair Housing Act (“FHA”) for failing to pro...
Chris Penny
Deduction and Depreciation of AirBnB rental
So I am about to put the master bedroom (with bath) in my home (of 3 beds 2 baths) to Airbnb and I am confused about all the tax-related stuffs. Let's say my home is 1500sqf on a land of 6000sqf, and the whole master ...