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Hi all, new BP member here from Chicago, IL! I've been investing in real estate for about a year now (rehabs and rentals) and really wish I would have found this site sooner - so much knowledge and information! Look...
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Hello BP,I don't have the specifics of the deal yet so I am looking for general information and tips right now. I am looking to lease option a commercial property. The ground floor of the property is currently and has...
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Hello! I am very excited to be learning more about bigger pockets and actually being active in the community of investors. I have a few questions that I'm trying navigate in the middle of 1,000 endless projects. Prob...
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Purchased property in 2017 and sold in 2020. It was bought under my S-corp. I know that S-corps file 1120s but where does the sale of property go? Schedule D or Form 4797? What about the closing costs? I should includ...
Hello All!I have a single-member LLC which is currently classified as a disregarded entity for taxation purposes.If I add two partners as members to the LLC, what is the required procedure in order to update the IRS t...
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I purchased a property in July 2021 with the intent to BRRR, so I have owned the property for over a year. However, I’ve decided to sell because interest rates have skyrocketed and the market in this area has gone up...
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I just bought a duplex in Ventura County after four months of looking and learning about the market, which is still new to me. I'm from Santa Monica and have always worked the LA area.
Would love to network as mu...
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Hi All! Looking for an investor savvy realtor in the SE Michigan area. I'd love this realtor to invest as well. I know a fair amount about real estate investing and own a couple properties, but want someone who invest...
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In the last couple of weeks, I cannot tell you how many times people have asked me, “is it still a good time to invest in real estate with everything going on?” My short and concise answer is “yes.” Let me explain why...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $381,000
Used HELOC on primary residence to buy next primary residence. Put another renter in my previous primary resi...