Colin Reid
Learning Book Keeping
I need to learn how to bookkeep. Until now, my real estate investing has been sloppy and amateur. I have three SFRs, two of which were my primary residences. I know I'm making money because there's money in the accoun...
Lam Le
How to transfer an LLC to a revocable living trust
My wife and I own a rental property, under an LLC with both of us are 2 members. I want to create a living trust to avoid probate and also want my sons to continue the business after we passed. How can I transfer the ...
Jason Shim
$250K Home sales tax exemption
My wife and I are thinking of selling our primary residence in 2-3 years. we live here for 20 years. If the market continues the way it is, we are looking at a $1mn gain in 2-3 years. if we sell today, our gain is ...
Caleb Smith
Tenant Breaking Lease due to Temperature in House
Need advice for a current situation.A resident told me today that they can no longer live in the house they are renting from me because the main floor of the house is too cold.We have had a professional look at the fu...
Kin Lay
Game: Lower taxable income through real estate investing?
Hi everyone, I am interested in tax planning strategy to lower my W2 tax liability and create investment opportunity through the use of creative tax strategy. Can someone offer me some suggestions?We can work with the...
Hannah Hammond
Luxury Home Fix and Flips
Hey BP! I am a Real Estate Agent in Arizona and specialize in luxury property sales in Scottsdale, Phoenix, and Paradise Valley. I have been researching different real estate investing methods for years and have learn...
Miles Goodwin
My intro to real estate "buying a crack house"
This will be my first post on bigger pockets. I have been a member and follower for quite some time, learning as much as possible to feel more comfortable in the investment world. After lots of reading and ...
Alexander Spira
How to figure 750 hour to write off losses
I want to make sure I rack up 750 hours doing real estate this year to get my losses counted against my W2 earnings. I have 6 units and it is taking up lots of my time.
The question is what counts ? For example to se...
Francys Ramirez
Empty Lots - Are they worth it?
I have a client who is considering investing in an empty lot in Detroit. People are under the impression they will make a fortune holding on to these empty lots, but I am not so sure. There is of course taking into ac...
Satish Vittalam
Should I use a Property Management Company?
Hi,I live in Austin, TX and I have a 4 bedroom home in a very good neighborhood. Both Elementary and middle schools are exemplary and very close by. House was bought new in 2010. Around 3400 sft. I am planning to ren...