Hi. I understand with flipping you have to pay ordinary income taxes on the profit.Could anyone explain how taxes would be for a partnership, in which profits would be divided 50-50 in the following scenario: ==one pa...

I want to start out by saying I love multifamily but I have learn some things about them that I didn't consider with SFH. 
Most of these issues have been resolved quickly but still they are pain.
1. Parking is an is...

Hi BP,I’ve had passion on real estate investment after reading rich dad. I am a physician having really busy schedules with quite decent income. What I am realizing is that REI is not really passive. I even looked at ...

Hello,

My name is Brendan and I was reading some of your posts regarding LLCs and refinancing. I have a couple questions for you.

What I am doing is raising capital through private investors to pay for a 4 unit or ...

My name is John, I am grateful to introduce myself to the community. In my introduction I would like to share some words about myself, Share my goals, Share my why and invite you to speak with me on how I can help you...

Greetings. I am getting ready to purchase my second home and will be continuing my house hacking strategy. My current home came with the tenants and they have been stellar. I didn’t have to go looking for tenants. Bu...

Hey guys,
From what I heard banks normally use your gross income to debt ratio to determine your borrowing power. If I depreciate property value on my tax return to deduct my net income, will that impact my mortgage ...

I have a degree in construction management, and my full time job is working as a project engineer for a large general contractor in Seattle. I have been involved with real estate my entire life (thanks mom and dad), c...

Hi all,This year, my fiancé and I bought and moved into a house, and started renting out the old house. The old house is in just my name (the new house is in both our names). Both our names are on the lease as the lan...

Hey all! I'm a 20 year old sophomore college student and am just getting back into the swing of learning about Real Estate investing via Bigger Pockets and Brandon Turner's The Book on Rental Property Investing and wa...