Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 9 years ago on . Most recent reply

User Stats

5
Posts
11
Votes
Jeremy Sawatzky
  • Las Vegas, NV
11
Votes |
5
Posts

New Here - Hello!

Jeremy Sawatzky
  • Las Vegas, NV
Posted
Hi there, My name is Jeremy, I am 41 and new to real estate investing. My wife and I are entrepreneurs and at this point one of us could easily free up enough time to become a real estate professional and take on our goal of building a large portfolio - for the purpose of long term investing but also the tax benefits (for now) associated with depreciation. We have very little experience. We currently own our primary residence in Nevada, a vacation property in California and a SFR rental in Seattle. With our limited experience thus far, we are considering out of state properties in the $1-200K range. How long does it take before one could justifiably be considered a pro in the eyes of the tax man? I'm assuming there is a period of time prior to this status, that you just have to start investing... Do you have any advice for me in getting going? Go turnkey or not? I know these are broad noob questions. I'm just really throwing myself out here looking for anything to chew on.

Loading replies...