How to Build Wealth Now, Pay Taxes Later with a 1031 Exchange
Want to delay paying taxes on the sale of an investment property and instead apply those funds to the purchase of another real estate investment? Learn whether a 1031 exchange…
Business Management can often be similar across many industries and types of enterprises. Successful real estate investors treat their investments like a business and run them professionally. This section of the BiggerPockets Blog contains articles that can help journeyman investors systematize and professionally run their real estate businesses. Topics include hiring, management, business policy, and scaling. These articles are written by some of the best investors in the business, and in regions throughout the country.
Want to delay paying taxes on the sale of an investment property and instead apply those funds to the purchase of another real estate investment? Learn whether a 1031 exchange…
Property owners are always on a quest to generate more income. In the summer, tenant tours are plentiful and new leases abound—it's easier to hit needed numbers. However, in the…
If you own a single piece of income-producing real estate, you’re probably fine without any kind of legal structure. But as you seriously consider growing your portfolio and adding investments,…
My palms were clammy, and my heart was pumping blood to my face. It was a moment I’d been dreading—putting in my two weeks' notice.
Meeting a new attorney can be intimidating. But it doesn’t have to be. In fact, you might find your first meeting with a new real estate attorney goes rather smoothly…
There is a darker side of entrepreneurship that few talk about. Failure to recognize this can cause a lot of stress and life detours.
Given that 90% of investors are sued at some point in a 20-year career—and 75% of Americans in general are sued in their lifetimes—investors can't afford to ignore insurance. So…
As you expand, you will eventually need to hire an employee. This is a scary step but a critical one to ensure further growth. It is essential to know the…
I want to use this article as a reminder of how BiggerPockets has grown into a resource with multiple ways to help you create your successful 10-member team.
Time and time again, real estate investors come through our virtual CPA firm's doors requesting help. That means I get to see a lot of tax returns. And while almost…
Newbies: You can't do it alone! If you want a good chance at success, be SURE to have these 20 team members at hand—because you WILL need them.
Most people think there are two options when buying rental property. Option A is to buy in a hot market with little to no cash flow and wait for appreciation.…
The chief benefit of using a pass-through entity is that you won’t be taxed twice. Nor will you end up paying a CPA thousands of dollars to file a business…