The IRS issued more guidance on Wed, Aug 8th on the new Sec. 199A 20% pass-through deduction. But many taxpayers are wondering does this apply to real estate activities as well.The 20% deduction applies to Qualified ...
Hey Everyone,More Success or More of What-Not-To-DoBelow is my first post in the Success Stories forumshttps://www.biggerpockets.com/forums/223/topics/17...I’m finally writing my 2nd “Success Story” post. I’ve been wa...
I'm struggling to know when I'm ready to make my next move and purchase more real estate. I currently own two properties. It has been almost one year (August 1st) since I purchased my first property. I then purchased ...
Hi BP!I've been heavily investing in RE for 2+ years and I often try to extrapolate the future based on my basic experience. The latest of those extrapolations is to calculate how much net rental income is needed to s...
I am looking into buying my first rental property. I've been in contact with a few different people who have companies that provide turnkey properties to investors. This intrigues me as a way to find a stable, positiv...
My very first deal:Purchase price: $205,000Down payment: 11% + 2% closing costsHouse Type: Single FamilySqft: 678 (WHAT? This isn't even a tight market nor a great neighbourhood. How did I get sold this crap lol)Locat...
Hi everyone,I created this discussion to tell about my experience with Memphis Invest so far. I purchased a property with Memphis Invest in September 2017. The only reason I went with MI is because of their strong rep...
Recently moved to Boone, NC with my wife. We have invested in long term rentals in Tx where we used to live. I am now looking to start networking with local investors in western NC and more specifically in the Boone, ...
Here is my current situation. I currently am house hacking a 3 unit home in Worcester MA. (FHA at 2.25%) I have lived here for 1 year and want to purchase another property with a low down payment. I have found credit ...
Hi all,
I've been investing in real estate for 10 years, mostly BRRRR in Midwest and Georgia, STR in TN/NC, and recently bought an industrial warehouse in GA. I got it by accident and not really sure what I'm doing n...