I asked myself the following question but still don't have a clear answer - wonder what your answer will be.**If you could take someone from the real estate (investing) world out for lunch - who would you pick?**BTW, ...
We own four rental properties in central Florida and have had some conflicting views on how to protect them via an LLC. Initially we were going to get a separate one for each, but then a well-known real estate investm...
I have a few questions here:
1) if I have 2 year's tax returns with rental income reported but have not had the rental property for 2 years (say 1.2 years), will lenders still consider the income? I do/will have a si...
Hi all,I am a newly licensed agent in the state of NJ. I am looking to have my main focus be on helping investors. I haven't done any investing myself yet, but I've been a BP member since earlier this year. In that ti...
Hello Everyone,I took a hiatus from studying REI and from Biggerpockets, but I'm glad to say I am back and ready to go! My wife and I are currently going through the pre-approval process to buy our first property. We ...
Folks - This may be a bit off-topic but I was just curious. I have read a lot over the last several months since becoming a BP member. One of the books I would say was eye opening was Rich Dad Poor Dad by Robert Kiyos...
Hi BP,So I know that the jist of the 1041 exchange is that you can keep deferring your capital gains tax when selling properties and buying new ones. I also know I've heard that if you live in a property for 2 of the ...
Hey guys, I recently purchase my first house and I'm planning on renting out three rooms while I stay in the master. It is located in Denton Texas close to Mayhill Rd and I35. I am planning on charging $600 per month ...
if I flip a house and make 50k.... then I reinvest that 50k in another flip... I understand I don't pay taxes on that 50k... but what if I reinvest to buy another property then mortgage the house right away and take o...
I along with my partner/sibling (semi-newbies) are looking to propose a partnership with a BRRRR expert we know. We are semi-newbies to BRRRRing, I say this as we do own 3 properties and have done all sorts of constru...