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Hi everyone,
I am having a challenge understanding requirements for qualifying PL as a business income as opposite to investment income. I have W2 job and just starting in real estate. I have LLC registered for...
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Hello Tax pros,I am planning on executing a 1031 Exchange (simple one - no boot, same owner, etc.) using IPX 1031 sometime over next couple of months (already had call with IPX) and had a question relating to my taxe...
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Hello,I have a question regarding a maintenance cost and if this could be pushed to the tenant. I do not have a vent to the outside for a dryer. I told them in person and over message that if they were to buy a washer...
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hi all, my name is Johnie from New York. I have been selling real estate here in NYC as a broker for 9 yrs and I have a network of potential investors that I can raise capital from for multifamily deals. I'm eager to ...
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I am in contact with someone I met through Facebook. He says he has Cash buyers in (State), and is will to work under JV. Would it be possible to share my properties that I have under contract to him without him swoop...
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Does anyone have any Idea when evictions will open up in Minnesota again?Ive heard that it may not be until 7/24 due to the cares act. I left a message at the county level but haven't heard back.I have a guy that move...
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I've done several real estate deals (buy and hold) over the past few years and have used a local atty to close them. However, I'm looking to do more flipping and wholesaling and am having a difficult time finding atto...
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Hey BP community! Curious to hear your thoughts on investing in plots of flat land and using prefab homes to build on rather than BRRRRing. Seems like it can be a higher ROI as long as the land is zones properly and c...
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I know these questions may sound stupid to the experienced, but I am just trying to get some different ideas and see what other investors have done in the past when first starting out. I am in the process of getting a...
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Hello,My name is James and I am currently looking for a good real estate investment. Allow me to preface by saying I have the necessary funds for an investment around the $100,000 range; however the problem is that I ...