A syndication investment sold in December. The Sch K-1 was not marked "Final" because the sponsor held some money back. My CPA says the capital gain can not be offset by the passive losses because "the passive Activit...
let me provide more details. I've been showing to several people and haggling back and forth. Nobody has submitted an app yet but I've agreed via text to accept someone's offer pending the application and verification...
Hey guys,
I am a 24 year old guy from Norway and very interested in real estate investing. Been listening to the BiggerPockets podcast for a couple of years now and would love to hear from any fellow foreigners who ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $83,587
Cash invested: $54,749
Awesome single family that a family inherited and leased to a family member, they mo...
Hi BiggerPockets friends,I purchased my first duplex in Philadelphia last June and am looking for tax guidance. I live in one unit and rent out the other. Does anyone have any experience with which deductions/credit...
Was hoping to collect some wisdom here on being a silent partner with someone on a RE deal. I would be bringing the down payment (about 30%) but otherwise I would like to be a silent partner. He agrees to this gladly ...
If I use someone as a "credit partner" to purchase a rental property and had his name or both our names on the mortgage could I fully assume the mortgage in the future? Would I have to qualify or refinance the lo...
I have heard on several separate occasions about the idea of “borrowing against an IRA” to build funds for investing, but am unable to find any more information about this when I search for it. Does anybody have any k...
We enjoyed our lake house for many years, but it has been very idle for the last 2 years. We would like to convert to a rental home and qualify for a 1031 exchange and invest in a rental property in Colorado. We kno...
As a newer realtor I'm thinking about starting an llc or s-corp so I don't get burned as badly on self employment taxes. I am also getting ready to move and rent out my current house and purchase a new one. I'm trying...