Hi, just wondering if time spent in a real estate course and studying for the state exam counts towards the 750 hours needed to qualify as a re professional for tax purposes. Thanks.
I'm thinking about offering a 3-4 month long hands on classroom where students can attend a rehab in progress from start to finish in order to learn the ins-and-outs of rehabbing a property and everything that goes al...
Just joined 10/21/2018. Retired Real Estate Broker (43 years) looking for small 1-4 unit investments for passive income.
Happy to be involed with this real estate community wondered if i finish flip say i made a profit role into 1031 tax deferred invest in my second flip at which point i have a llc in place filing taxes as s.corp can i ...
Investment Info:
Single-family residence buy & hold investment in Spokane.
Purchase price: $60,000
Cash invested: $60,000
We buy distressed properties to improve and hold.
What made you ...
I have a seller who is negotiable on there property and had it fully paid off can I negotiate a wholesale deal with them if I know someone who could do a down payment on it?
View report*This link comes directly from our calculators, based on information input by the member who posted.This is a possible deal from a neighbor of mine. I have known him for about 20 years and...
Looking for advice for my Mother in Law. My wife's father, a 20 year veteran retired in 1980, passed away around 6 years ago. Since then her mother has lived with my family. She has no living expenses and recently a...
Hey BP!i am looking for some inpur prior to my first venture into RE...my current biz has 15k/mo positive cash flow and in looking to put this to work in RE.this 15k.mo is not passive income , i work hard to make thi...
Getting close to retirement age and we are wanting to build an investment property business that will provide us with:a. Self-employmentb. Decent incomec. Tax advantagesd. Something to pass on to our daughter in case ...