Joel Oh
I am hearing STR doesn't count toward REPS status.
Hello guys! I have a good W2 income as well as STR income.
2023 is the first year I thought I could qualify for RE status as I am working as the property manager, handyman... (750+ hours) man I worked hard!
Just fi...
Ciro LoCascio
Problems surfaced after inspection. What to do?
Hey guys, I had a 3 bedroom 2 bath 1400 square foot SFH across the street from a pretty decent college. Tuition is approx. $27k per year. Rental rates would be between $1300-$1600. I was able to get the property under...
Chris Bounds
Houston Apartment - 29 units
Ok BPers. I said in a post a while back I'd post the numbers on a small apartment complex that I am pursuing. Here they are. Comments are welcome:
Purchase Price: $325,000
Units: 29
Mix: all one bed/bath (one effi...
Jimmy H.
Steps to Properly Form and Maintain a LLC
I am wanting to form a LLC, I do not feel the need to pay a lawyer with all of the info available on the internet today - but much of it is not reliable and I have not found a definitive resource with this info clearl...
GERT S.
Sole member LLC, add spouse as LLC member
I went to cheap way, and formed an LLC (Florida) online without speaking to an attorney first. I know, fools rush in where angels fear to tread.My LLC just acquired 2 condos that need a little rehab. After rehab, the ...
Rene Hosman
If you had one question for a professional house flipper, what would it be??
If you had one question for a professional house flipper, what would it be??
Now is your shot to ask! James Dainard is a prolific professional house flipper, with a track record flipping nearly 4,000 homes in one of...
Jonathan Santiago
Tax Question: Capital Gains or Ordinary Income?
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...
Daniel DeMarco
Rent to own question?
I am thinking about purchasing a house for one of my tenants that needs a bigger place and wants to own their own property. I am thinking of buying a home, renting it to them on a rent to own basis for three years and...
Eddie Johns
Landlord not returning the deposit
Hi Guys please help us out here.We rented an apartment on 15sept and paid 2 months deposit to the owner. After 3-4 days we found there were bed bugs in the house and we contacted the owner to do pest control in our ho...
Jill Curran
Opportunity Zones ?
Newbie here. I'm looking at a duplex as my first investment property, and after hearing about Opportunity Zones, I see that it's in one. I'm trying to understand what this means when it comes time to sell. OZ's look k...