Lucy Godinez
New Member in DuPage County, IL
I'm just getting started in real estate and looking to begin wholesaling or co-wholesaling to generate enough funds to invest in future rental properties. I'm very motivated and have the drive to stop making others r...
Stacy Tring
Depreciation recapture rate + offset from capital losses
Hi all,Spent all morning trying to research this and get conflicting answers, so let's try the BP hivemind.1) Is depreciation recapture ALWAYS taxed at 25%, or is it taxed at your ordinary income rate UP TO 25%? I've ...
Angela Yanko
Connecting in Canada
Hi!My name in Angela and I'm from Regina, Saskatchewan. My partner, Alex, and I are just getting started in real estate investing. I just want to start by saying this site is fantastic and there is so much for me to...
John Christadore
Determining ARV Comps - What to do when stuck?
So I'm working through my analysis of 100 properties, looking for my first deal. Using PropStream to generate leads and filter down comps. However, every so often, I hit a roadblock. When looking for ARV Comps, eit...
Kelsey Granum
Realtor & Investor in Training!
🌎 Military spouse in Las Cruces, NM, stationed at White Sands Missile Range! Investing wherever the military takes us – currently investing in Louisiana, Georgia, Texas, and New Mexico.
💫 BiggerPockets goals: To bet...
Jim S.
Credit report number
Does a young person (21 year old) start out with a credit report number in the 700's and work their way down with late payments and such or do the start out at 0 and work their way up "proving" their credit. Just curi...
Paul Fagot
Finding sellers through social media and website
Could anyone tell me their success through marketing and targeting sellers through Facebook or your websites? Looking to start up both pages but just wanted to see what kinda success others had first? And if it does w...
Michael Tierney
Are Real Estate Investors in for trouble?
How will proposed changes to eliminate the mortgage interest, state and local tax deductions impact us?
A big part of our business is leverage. If suddenly all of our write-offs for interest and taxes go away, won't ...
Aaron Knoll
The "you net $300k" game -- path to financial independence?
Netting $1M is great, but it's almost too easy -- it's very hard to go wrong, it's just a question of how much work you want to do for returns. The "you win the lottery" question isn't all that interesting.So what abo...
Jasmine Benford
Rental Investing & Taxes
I haven't read the tax strategy book on BP and intend to very soon. I am looking for recommendations on the best way to explain to a family member how he would file taxes on a second property, if he already has a prim...