James W.
Is rental income taxed the same as regular income?
I am a new landlord renting out my first rental property. Does the IRS consider rental income as regular income and tax accordingly (30%)? Are there any special tax breaks or deductions?
Sam Michie
New member intro / Niche question
Hey Guys,
Pleasure to join the community. (sorry it's taken me a while to introduce myself) I'm an investor in the greater Los Angeles area. It seems like the topic of flips is really hot down here, but my goal is...
Thomas St John
New member from Toledo
Hello everyone, I am from Toledo, OH and have been in the business for about 5 years now. Currently I have 11 single family homes and am looking to grow. Before adding more rentals, I'd like to flip some houses t...
Price Kenney
C-Corp for every deal?
I’m an investor from Canada researching options for flips. My understanding so far is that a C-Corp is preferable to an LLC for a Canadian as the CRA doesn’t recognize LLCs the same as the IRS and you’ll end up being ...
Chris Lidfeldt
Rent property for 1 year, fix up and sell
I would like to know people's opinion on an idea I have below. I have some (but not a ton) of experience renting and selling properties and would like to know if something is flawed in my logic. Of course I would do a...
Mike Alder
Putting land Investments to the test
What's up BP Fam,Last night I had the opportunity to interview the land geeks Mark Podolsky. If you are not familiar with Mark, he buys and sells land on financing terms describing it as "the best passive income model...
Jarrett Ferris
New Direct Mailing Campaign Advice Wanted
Hi all!So to start, I am somewhat new to real estate investing as I have yet to close my first deal, but have been an avid consumer of all real estate investing knowledge for over a decade, and have recently decided w...
Neil J.
Yellow Letters
Hello BiggerPockets family,Just wondering on the different types of marketing strategies that are currently being used. Is 500 yellow letters to absentee owners sufficient? Do I have to suck it up and pay $1.50 per le...
Robert Andrade
Flip a few first or owner occupy a multi?
Ultimately I'd like to be involved in both. I'm curious though what the community thinks. Is it faster, safer, smarter to flip a few properties first for the faster cash influx, (assuming it works out) take that $ and...
Annette Ross
Buying a Rental for Income- Fort Worth
Would like some insight from those who have worked with buying real estate as income property. I am currently looking at buying a rental home for less than $50,000 in the Forth Worth area. I would be able to pay cash ...