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Hi,I recently purchased an out of state rental property in Memphis, TN and was wondering how rental income is taxed. I read that Tennessee has no income tax. Does that mean I do not need to file the rental income? The...
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We are closing on an SFH / Mountain Cottage with a steep dirt slope access to a creek from an old landing point. We are considering building out stairs down to the creek to reduce the risk of falling down the slope. I...
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Hi All,
I came across this awesome video on bigger pockets a couple of months ago that compared all avenues and the income levels you can realistically reach in each. It talked about being a Realtor, House Flipper, S...
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With summer just starting, I realized I'm going to have a lot of spare time. I'm looking to get into the real estate business in FL (fixing up and renting multifamily units mostly). I work in the afternoon with mornin...
Hello,I'm looking to see if there is a simplified way of finding values per area, possibly per zip code, for things like price per bedroom, bathroom, etc.I did some google searching and came up empty handed.I'm lookin...
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Hi,
I have been corresponding with an investor/wholesaler in New Zealand via Skype. He asked me if there is any US mortgages he could obtain for RE in New Zealand. He is very jealous of our interest rates. ...
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Hey Everybody,My name is Adam currently stationed in Japan and will be getting into real estate investing when I go back stateside. I was wondering if there is anybody that can give me any basic knowledge about applyi...
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Hi everyone! For tax purposes, would a real estate agent substitute the need for a real estate professional?
Hello,I recently purchased a vehicle and registered in NJ to my second residence. I applied for the loan together with my LLC which is domiciled in NJ. The vehicle is exempt from taxes in the state in which the vehicl...
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Seller has a mortgage for 125k and wants at least 25k cash as a downpayment. If I give her 25k down and take over the mortgage of 125k then our purchase contract should be for 150k, right (125 + 25)??? Also, how wi...