Wilson L.
Tax planning renting out rooms in a owner-occupied house
I looked over all the IRS rules regarding rental income in an owner-occupied house. After looking at everything, this is the plan I've come up with. Any pointers/tips/suggestions would be helpful.3bdrm/2ba house wit...
Jose Reyes
Looking for my first deal and an investor-friendly agent
My name is Jose Reyes and I'm a new investor in the Philadelphia area. I've been researching the real estate business for a while now, I'm ready to start, and I'm very serious about my new business venture. My goal is...
Derek Luttrell
Motivation to set your dollars free
Hi Everyone,I'm interested to hear if people remember feeling the way I do back when they finally had a 25% down payment saved up, and were reluctant to see it go. I am 25 years old and own my primary 3/2 residence, a...
Brandon Ray
LOUISVILLE, KY -- NEW MEMBER
My name is Brandon Ray! Brand new to BP and really interested in learning the business of investing in real estate. I am in Louisville, KY. I'm looking for mentors, investors, friends, groups, anything to grow and to ...
Manveer Atwal
Feedback about Mechanical lien
Hi everyone,
This is my first post on BP as I am looking to venture in to the real estate investing world! I've been a broker for a while now but am ready to start fixing and flipping. Here are some notes i got fro...
Randell Wells
Flipping houses start up
How do you get started with buying and flipping houses? How much money do I need?
Jon Lee
Living in CA, own rentals in OR with sister. Where to form LLC?
I live in California. My sister lives in Oregon. We own rental properties in Oregon. We want to setup a LLC in Oregon for the properties, but do I need to also setup a California LLC and/or pay the $800 LLC tax in Cal...
Herman C.
LTR (tenant wants to buy) vs STR conversion
Hi there~I have a LTR 10mins from Med Center which is not making the return I expected; I think mostly is because of its floorplan. I have been thinking about turning it into a STR and had done enough market research ...
Dan W.
Taxes On A New LLC With No Revenue?
I started an LLC in 2021, purchased a distressed house and am rehabbing it. I haven't sold it, so no revenue is coming, just a bunch of money going from personal to LLC, then out of LLC to the house. Do I need to file...
Rory Parsons
Real Estate / Tax attorney recommendations needed (new flipper)
Hi everyone,
New investor here, taking action and embarking on flip 1 (thanks to Bigger Pockets). I have been fortunate enough to have networked my way onto a small team (4 of us total) of experienced flipper/investo...