Are the costs of a 1099 contractor fully tax-deductible in the process of doing business on rentals, BRRRR, or flips?More specifically, I'm looking at entering into an agreement with a contractor where their fee will ...

I’m 16 years old and very interested in real estate, so much so I want to start my own real estate investment company as soon as I have the money and knowledge. But the knowledge part.... so I bought a few books, like...

Yesterday I fired my boss!

??I have worked in corporate America for exactly 20 years after getting my B.S. in Computer Science in 1993 from Western Illinois University. I am about to enter another phase in ...

Three of us are planning to buy a single family home or duplex for a buy and hold plan this summer (or before). We know we most likely need to take title in our own names for mortgage purposes, but then want to transf...

Hi, old account but new activity & first BP forum post.I've been looking up Asset protection with LLC & Land Trust (listen to podcast 109). I had a few questions after I 'think' i understand the process. Link ...

Starting out as a newbie I feel that it is very important to network with experienced and up and coming REIs. I am signed up for every meeting and meetup in my local area. I travel for work a great deal, study, attend...

Recently, in the case Birdsong, doctor's wife demonstrated that she actively and extensively managed their rental properties and was therefore a “real estate professional”. RE professional is not limited by the passi...

I just want to know if someone can explain to me the importance of creating the LLC so that I can fully understand the concept. For example, why can’t a wholesaler or houseflipper get paid without the LLC? And what is...

How does a flipper make a profit (It's not what you think)Rehabs lose money? Discount at the time of the purchase is what makes money.

Pretty excited to have our system working to the point where are closing 4 deals in a month with a pipeline looking like 4 more closes next month. These are single family rentals.We also closed on a 12 unit earlier th...