Chad Michael
New from Iowa, looking for a market to start in!
Hello BP,
My name is Chad, I am currently a pharmacy student at the University of Iowa and have been a student of real estate for quite a while now through observation, reading, and realtor experience.... but I have...
Changseok Kim
Cost for CPA service
Hello Biggerpocket members,I am living in Portage, MI. I have been working with a CPA for tax report. I have two LLCs, but based on the CPA suggestion, I am thinking to change one LLC to S-corp in an attempt to reduce...
Kyler J Sloan
Passive Losses for STR's
Is there any way that STR rental income can be considered "active" from a tax standpoint? I spent a lot of my time working on renovations myself, and manage it myself, but I have not manually tracked the time investe...
Michael Seeker
Self Employment Tax on a Flip
I'm wondering if/why I will have to pay SE tax and all the other extra taxes on my profits from flipping.
This would make sense to me if flipping were my job and I were self employed, but the majority of my income (a...
Allen Chai
Looking for good Property Management Companies in South Jersey
Hi All,I currently own two rental properties in South Jersey which I self manage. I am looking to expand my portfolio and purchase more rental properties, however, my goal is to make my portfolio more passive income ...
Michael Temple
Student Rentals - Pros & Cons
My Realtor took me through several houses about a week ago that was in a neighborhood that is primarily student rentals and is near our local University. One house was interesting to me based on purely the numbers. Th...
Account Closed
Connecticut
Hi everyone,
I would like to invest in Connecticut, what area can you suggest and people who can help me with it?
Thank you !
Steve Francis
HELOC as down payment
Hello all,I've been looking for my first rental property for almost a year now and have found one that looks to cash flow about $400 a month. I don't have the capital for the 25% down payment but have a 50k HELOC on m...
John Wolf
Minimizing Taxes using Equity in Rental Property
I am retired with a several rentals and looking to minimize taxes. I was reading a tax saving idea regarding using the equity in a real estate rental instead of withdrawing Retirement Savings. From what I understood, ...
Michael Lewis
Any Current Investors working with Smartland?
Fellow investors, I’ve been working with Tom from Smartland for the past few months. Looked at a few properties and given my parameters I feel the return I’m looking for is doable with them. I’ve researched them here ...