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I just watched a video online of someone explaining why he would never flip a house. He basically said the reason is because if you flip a house it is considered ordinary income tax + self-employment tax which ends up...
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Hi everybody and thanks for the great place to learn REI.
I have a 4-plex that is almost renovated and I'll be turning it over to a PM real soon. I had the idea to get a satellite TV account and connect 4 receivers ...
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I am a landlord in the Baltimore city Maryland. I am suffering from a tenant inherited from my recent property. Here's some timeline of the story...
- 05/25: I purchase my first property in the Baltimore City with an...
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I'm in escrow on a property in Maui that we'll be using as a vacation rental. We were originally planning on going with a property manager at 20% just because of the ease. The more and more I think about it however,...
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I'm on my second rental property, but I've always struggle with the background check. It seems that most of the bad applicants won't even fill out the one page background application and return it if they have a ba...
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Hi all!I'm Gloria and am incredibly new to real estate. I'm currently a full time professional student, and am looking to use real estate as a means of paying off my student loans and attaining financial freedom.Curre...
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Hello everyone, I'm looking to invest quite a bit of money into Detroit, although I have never been there. I like the looks of where the market is currently and where it could possibly head. Great rent to value. My s...
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Greetings BP family,I anticipate my amateur story will bring harsh criticism, but I really need some help before the situation snowballs into catastrophe. Here it is:One of the tenants in my duplex rental in Whittier,...
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Ever peeked over the fence at the glamorous world of real estate investing and wondered, "Just how much dough are those folks raking in?" It's a juicy question, one that's sparked countless dinner table debates and la...
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I sold a rental recently and will have a sizable tax hit at the end of the year. I do not have any taxable stocks to sell at a loss to offset the capital gains. I’m still looking into solar panels for the primary hous...