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HiI bought two properties this year and sold them for a profit. It is my understanding the profit from those flips will be treated as active income and subject to self employment tax. However I didn't even lift a fing...
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Hi, I have an investment property with about 50% equity in it. I am interested in leveraging the equity to do some more real estate investing. I have approached a few banks (including the current mortgage holder) an...
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Hi everyone,When first starting out, what did you do to keep track of your expenses, revenues, receipts, quotes, numbers, numbers, money, money, etc...? What software or programs helped you the best? Also, what were s...
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Hi BP friends. I'm an aspiring real estate investor and I have a question regarding cashflow vs net worth when starting out.I've made an introduction thread before but once again my situation is as follows. I am 30 ye...
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Hello all,
I have a few questions about wholesaling in general & the process itself.
1. First, does wholesaling or searching for deals (in whatever way) make sense as a means of finding property to invest in? O...
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I went through the market place, and saw properties in Ohio as low as 12,000. Would it be in my best interest to look and invest in Ohio?
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This question is very common and sounds very straightforward: as an investor, can I deduct my real estate education? Warning: you will not get clear answers from this post. Instead, you will likely get confused. Welco...
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Hey all, I'm new to wholesaling and my first deal is proving challenging, I'm looking for advice or potentially a j/v on dispo. It is a 3 unit airbnb portfolio with each unit in a different city. Would it be better to...
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First time investor here that is feeling pretty stuck.. we want to get started in one way or the other with lot of different approaches and advice out there. We hired a tax advisor and were told to get an STR this yea...
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Hey everyone,I am a sole proprietor with a steadily expanding buy and hold portfolio. My kids are age 8 (son) and 10 (daughter). As a single dad with sole custody, the kids have always tagged along in some way - somet...