Chris Mahoo
Long term rental when you are not full time real estate professional
Hello community,I have researching on benefits of long-term rental, and a bit stuck on requirements to be full time real estate professional (the 700 hours) if one has to be able to take tax advantages. If I cannot ge...
David Howarth
Deductions greater than Income
If my deductions are greater than the income generated from my property, how does that effect my tax liability?
Does it decrease the total amount of taxes owed? Or does my tax liability stay the same?
Caprice Claytor
Wholesaling and House Hacking in Los Angeles
Hi BiggerPockets – I’m here hoping to foster new relationships and hear some of you guys’ tips, tricks, and advice.
A little about myself:
I’m originally from Des Moines, Iowa, born and raised, and moved to Los Ange...
Yinan Q.
Can you count your own labor for repairs toward expenses?
If you do some maintenances on your rental property, such as fixing a clogged toilet, replacing a broken door, etc., can you count your own labor as expenses?
Thanks
Aqeel Muhammad
Real Estate Careers for Beginners
Hello Everyone,I am new to bigger pockets and have recently graduated with a BA in Human Development from Washington State University and I have recently relocated back to Las Vegas where I am originally from and have...
Paul Xiong
HELP WITH LOAN OFFICER
HI I am a travel nurse who make about 86000 was told by my loan officer that because I am technically a contract based employment that she couldn't help us for another 2 years. Is there anyone here who can help us get...
Toshi Taniguchi
5k a month in 5 years , starting with nothing after college
I am a senior in college and want to retire within 5 years. What would be viable and possible plans to create 5k a month in passive income through rentals and apartment buildings living in Texas or Arizona within 5 ye...
Reese Millican
Is $50k/year gross too little to own a multi family?
Hello Fellow Investors,I make $50k/year gross. According to Nerd Wallet, I can allegedly afford a $1500/month mortgage. I want to get an owner/occupied a multi family unit in MA, no further West than Worcester (I work...
Cindi Boyer
Looking into first multi-family out of state--thoughts?
Hi, I live in southern CA, which I'm sure you know is quite expensive. I have family in NC and I was thinking about property out there. (5 year plan might include moving out there) I realize I would need someone to ma...
Ben Ha
New Year plan and introduction
Hello everyone,
My name is Ben. I've been a long time lurker and have finally decided to start investing in real estate. I've been reading about the 2 percent and 50 percent rule and researched on different l...