My CPA advised that since I will be managing the rental myself, rental income qualifies as Active (=earned) income (vs. Passive).
Does that sound right?
Hi Everyone, My name is Thomas and I just turned 24. I have been an auditor for about a year now and currently working towards the CPA exam. By the end of 2015 I should be finished. Real Estate is where my passion lie...
Hello everyone,I am a new investor from Houston. I would like to go to real-estate events, network and learn from experienced investors. I have found two places in Houston that people talk about in general: 1) Realty ...
Hello All,Just pondering if anyone has any tips or thoughts on the current Bubble in the Bay Area, CA and how to or not to get started in it with limited resources. The obvious answer is, you can't! Which is the idea ...
Does anyone invest in the low valve properties anymore?Looking for the pros & cons.
Thanks,LC
Hello! In need of some advice and I know you guys can help me. I am a small time landlord in South Carolina, currently only 3 rental homes. I have an older, 1200 sq ft rental home (1940) I have rehabbed and turned ...
Hi all.
I'm trying figure out my first acquisition for buy and hold and I'm wondering if I go the turnkey route, how will I ever scale and get my second property considering I won't be able to get my money back out o...
I wanted to ask everyone what you all think my best strategy should be. Current status:Wife and I are employed and rather high-income earners (total household income >1M), but because we are employed, we are getti...
Are VRBOs a good investment? Any watch outs? Would you recommend doing it? If there is already a forum on this subject, please direct me. I'm sure this has been discussed many times :) Debbie
I was just wanted to get some ideas from everyone. How do you stay persistent with marketing when you don't have a big budget, right now my budget is about $200 per month, now I know that is not a whole lot of mone...