Justin Demember
Tax implications on new rental duplex
A 50/50 partner and I just purchased a duplex with a conventional loan. We have a tenant in each tut came with the property and receive 1000 in rent. P&I is $200 with taxes and insurance NOT in escrow. We have no ...
Account Closed
First Property Bringing Investors On Board
Hey Bigger Pockets Crew!A property in Chicago came across my desk and is primed to be my next target for an investment property. I want to invest in this property with peers to spread the risk/pool our money. I plan t...
Strat V.
Newbie from NY
Hello all. I am hoping to network with real estate investors and learn what works in this current market. I have rebooted my real estate investing business and will focus on wholesale and rehab first, then buy and hol...
John Thedford
Solo 401K And Ubit Questions
I started doing private lending in 2012 with my Solo 401K. I has been a steady source of income into the retirement account. My CPA states this actions falls under UBIT? I have been led to believe it is not and does n...
Jon Anderson
Collecting judgment against landlord
So I took my landlord to small claims court and one in judgment. He then appealed the initial judgment and the appeals court ruled in my favor.Now, the hard part. How do I collect on a judgment? Anybody have any creat...
Ryan Cleary
I quit my job to sail around the world... Now what?
Over the past 3 years, my girlfriend and I have acquired 4 rental properties. We then quit our jobs, bought a 40' catamaran, and have been sailing around the world since this April of this year. The only problem is ...
Hugo Tornero
Do I need to start a business
Hey I’m just buying my first property, I’m thinking about putting it on air bnb. Do I need a business for tax purposes or can I just file taxes as normal but just with the added income of course. Thank you for your kn...
Zane M.
Successful Mentor/Partner found in DFW area? What to look for?
Like so many, I'm new to REI. Kinda. I've done a little but I've fallen into it more than intentionally went looking for it. Luck can't take you very far in anything.I was curious what I should look for in a Mentor...
Peter Callahan
A question for any agents out there
A quick question for working agents. I am currently a remodeling contractor in California. I am thinking about starting a handyman division of my company to handle smaller projects. As an agent, would a honest, reliab...
Mike T.
Qualifying for sd roth solo 401k
I am a w-2 employee. I would like to start a side business for my wife and I to qualify for sd solo roth 401k. If I start an llc that executes regular marketing, wholesales some properties and completes some rehabs....