Account Closed
Which strategy builds massive wealth the fastest?
I have either read on the forum or heard in the podcast that you choose your strategy based on your goal(s).
I.e. Rentals create passive income and wealth in the long run vs. rehabbing which has large payoffs in a sh...
Larry Spradling
Tax question from a newbie
2018 was my first year of owning properties. I bought two turnkey properties and received a 1099 for the rental income they generated. I entered this info into Turbo Tax. I was expecting some tax benefits. Am I mi...
Colleen Ferrari
Losing deductions due to income cap
Hi-- this is my first post to the group. I joined a few days ago so please forgive me if I do this wrong. I read many articles and books on investing in real estate. I have owned a few rentals for 20 years or more, an...
Keith Schulz
Vacation Rental Under Contract - Transfer VRBO, Sales tax, etc
Hello All,
I see a discussion from about 3 years ago on this topic, but VRBO keeps changing things and regulations keep changing, so I thought I'd start a new discussion.
I have a vacation rental property under cont...
Bill Gulley
Movie and the Riots
It's interesting how the Muslim Brotherhood is caught between and rock and a hard place, saying demonstrate but do not destroy property or turn to violence.
This came to the burning surface from the movie trailer rel...
Angela Hansen
Rehab to Refinance Hard Money Roadblock
Hello BP! I have ran into a Roadblock on my flip. I have a seller financed home that I have put a large down payment on and put around $10k worth of work so far. I have a hard money lender and we are pretty much set t...
Stephen Artzerounian
LLC Structure Questions
Hi all,So I am starting an LLC with two partners for rental property purposes and feel like I am over thinking the structure.We will be investing in Connecticut and Pennsylvania my first thought is to use the parent-s...
Marlon Freeman
Replacement Reserve Funds
Good Morning BP,
I have a question about reserve amounts. When analyzing deals, what do you budget for reserves? do you withhold a flat rate amount, or do you withhold a percentage of the gross rent? Currently I am ...
Account Closed
Which To Choose: LLC or S Corp
Hey, Bigger Pockets Family!I am just getting started in my real estate investing journey and working to lay a solid foundation in wisdom and knowledge. I believe it is wise to develop a general (if not thorough) under...
Will Proulx
Delayed Financing Question on All-Cash Purchase
Hi guys, I'm reading a lot of different stuff on delayed financing and am wondering what the deal is with a delayed financing option for an all-cash, (no lender used, just personal cash) purchase of a property. -I've ...