Hey BP!I am hoping someone might be able to help or point me in the right direction on a tax question. I purchased my first BRRRR property in late October 2020. It needed quite an extensive rehab (~60k) and we will be...

Hi, what are the pitfalls of leasing a rental for over a year term?  I want to set up a structure with a renter for multiple years with a steady rent that can only increase with the increase of property taxes. I think...

Hi everyone,Newb RE investor here. Had a quick question about the tax implication of a recent sale.So I had purchased a single family home in Aug 2015 for 370K. We lived in it until end of March 2017 (20 months in tot...

Hello, I have a 1099 S taxable gain deduction question.Background:I own two homes free and clear, I’ve owned property A for 12 years and property B for 3 years. When I purchased property B I moved in it to rehab it fo...

Hello, I am a college student looking to make my first real estate deal. I have obtained a list of property owners with delinquent taxes and the assessed value/the balance of taxes that they owe for a certain county. ...

I paid a project manager to manage a new construction. When I asked him to issue 1099 MISC to all the subcontractors, he said since I paid them directly ( I issued checks), it will be my responsibility to issue them 1...

Dear BP members, I have been reading and listening to BP podcasts and am anxious to close on my first deal.  The two deals listed below are in the Jersey City, NJ area.  I think property around here is relatively more...

Bigger Pockets has really opened my eyes to so many possibilities  and strategies of how to take ownership of my financial future.  I'm so thankful for BP and this whole community.I'm in my mid to late forties and loo...

I am a novice in real estate investing but have had a couple of great opportunities and am committed to learning. I have a couple of mentors locally who know what they are doing but I would like to run this idea by th...

Great article from ABJ on why so many companies are fleeing California.  I love visiting CA - the weather, food scene, wine, etc etc, but I couldn't imagine moving there from a financial perspective.
“Every company w...