But because we are content, we aren’t shaking the trees and scouring the corners of the web for maximum deal flow.

It’s important as you start and make decisions to also understand how passive vs. non-passive income interacts with your current income streams.Many investors focus on passive income, which is great and offers some tax perks, but the larger benefits often come when you turn rentals into non-passive income through active, material participation, this is why many high W-2 earners invest in real estate.

Love to engage and interact on BP, but geez are some of the people here ignorant when it comes to Crypto!

This weeks he’s going to wholesale real estate; next week he’s spent $249 for a “starter” kit for multi level marketing of vitamins; 2 weeks hence he’s going to day trade crypto.The Angry Guy - Very simply, asks a question on BP, then gets progressively angry, hostile, and irrational when he doesn’t like the answers  Don, what would the ideal bigger pockets community look like to you / how would the interaction go if you could set admin policy?

While we don’t work with foreign investors directly, here in the US, rental real estate is often used to offset taxes especially if you are a high W2 income earner or business owner, and understanding how passive vs non-passive income interacts with your other income is key.

thank you both for the book and web site

Also, reduce the number of tasks you have to complete remote, because every interaction is prone to issues.

Seeing a lot of conflicting information on web and using calculators. 

QuickBooks makes tax prep and CPA interaction much smoother.Most accountants prefer QB because the reporting is standardized, exportable, and integrates cleanly with their systems.

Instead of bankers we could interact with eachother on the DEFI side and our transaction would be free from taxes and hidden from government overreach.