The real estate professional rule states:"A taxpayer will be considered a real estate professional if (1) more than one-half of the total personal services the taxpayer performs in trades or businesses are performed i...
I have a 36-unit property under contract in Columbus, OH. It's built in 1963 and has the old Federal Pacific electric panels. The inspector said they present some fire hazard and some insurance carriers will not ins...
Does anyone know what type of account you can transfer your 401k to, and then borrow from it/ pull from it? Without any penalties? I know I heard it’s possible, I just can’t seem to find out the right way to go about ...
Hey guys, I am getting ready to sell my fourplex and looking to get a vacation rental. We live in Columbia so our initial thought would be Myrtle Beach. I just wanted to see if anyone currently has a vacation rental...
I'm thinking of putting in laminate flooring throughout a house I just bought. Currently it has carpet. I have roughly 900 sq ft to do.
My main question is: How hard is this to put in yourself? It's advertised as ea...
I placed this in starting out on purpose. Just curious about what the newbies feel they're lacking, after expertise.
1. properties
2. buyers
3. sellers
4. money
5. guts
I have my own thoughts as to what the orde...
This thread is going to be an account of a real estate rookie looking to find, fund and rehab a residential property in the MD/DC/VA area. In this case, my first property is likely to be one that's been referred to m...
I am having a very tough time finding good rental properties to buy. Not just in my expensive area, but everywhere. It seems like after you do a proper analysis, the potential costs/expenses are so high, almost nothin...
This is very broad so I just looking for some past experiences one may have had, I'm 25 years old and currently hold a solid union job in western PA about an hour north of Pittsburgh. The city I'm in is a depressed ar...
Hello, fellow BiggerPocketers!
I recently graduated high school, and next year I'm attending the university (located about 3 hours from my hometown). I desperately want to get started in real estate, and I th...