24 November 2025 | 2 replies
I'll try my best to answer them.
14 November 2025 | 12 replies
You would be better off asking this question on the Tax forum where several tax accountants, including myself, answer tax questions: https://www.biggerpockets.com/forums/51-tax-legal-issues-con...Short answer is that you (your LLC, to be more specific) will need to issue your relatives form 1099-MISC, and they - rather than you - will owe taxes on their portion of the profit.
21 November 2025 | 2 replies
I got no answer and they tried blaming me for credit , I sent screen shot of my credit pull so I’m not sure how to combat when they aren’t being cooperative , the only option they gave was have a cosigner but pushed to go asset based because it would be like starting over with underwriter.
17 November 2025 | 10 replies
When the property is sold, the depreciation recapture rules will apply, reducing your tax basis and potentially increasing your taxable gain.This sounds like it is straight out of chat gpt and does not answer my question. 🤣 Completely agree
15 November 2025 | 3 replies
No matter which brokerage you choose, you should be prepared to generate your own leads (the only way to build a sustainable business) and find answers to your own questions/challenges/dillemas, etc.
12 November 2025 | 5 replies
Short answer: it is baked into the business model.Long answer:It seems you may be overly concerned on the transitory nature of apartment renters versus single family renters.
21 November 2025 | 10 replies
Red flags include vague answers, reluctance to provide references, no written contracts, or a history of missed deadlines.
19 November 2025 | 1 reply
Always happy to connect, answer questions, or help you keep an eye out for your next deal!
18 November 2025 | 6 replies
When the lender at Griffin does answer they are nice and sweet but I think it would be better if they answered the phone consistently and got the job done.
13 November 2025 | 4 replies
Most PM's do not answer the phone because they are terrible.