26 October 2021 | 1 reply
Regarding your GF's grandmother's home, you should consider setting up a recorded legal agreement with an attorney in the matter that benefits everyone that is part of the deal.
26 October 2021 | 1 reply
Buy and hold typically provides the best tax benefit if you are either a RE pro for tax purposes, or your AGI is under $100k.
26 October 2021 | 4 replies
In a case like that I do not see the benefit of changing a roof that still has life left in it.
27 October 2021 | 7 replies
I would buy stock following the value investing strategy followed by the Warren Buffet etc.Real Estate has that benefit of control over the assetSO i guess both would do, its just a question of weighting -95% real estate-5% stocks for example
29 October 2021 | 3 replies
Brent, this makes sense, should be a benefit.
10 November 2021 | 21 replies
@Zach JonesYou may want to see if it makes sense to create a QOF to invest in the property.There are some considerations for this to work - Is the triplex in a QOZ(qualified Opportunity Zone) and are there significant repairs that need to be done to the house.If you were to sell the Stock / Crypto - are the assets atleast long-term where you benefit from reduced tax rates?
31 October 2021 | 13 replies
There is also the benefit of having an extra layer of anonymity that comes from having the LLC own your properties.
22 November 2021 | 7 replies
@Gregory Schwartz brings about a great point when he stated working for others and learning systems in place could benefit you in the long run.
11 November 2021 | 5 replies
I am also talking to my CPA of possible tax benefits for the year for renting (versus selling).
23 November 2021 | 3 replies
It's better to have it "done right" rather than trying to cheap out.You know Bigger Pockets also has a benefit to us pro members in the form of a contracts section if you're feeling brave :)Keep us posted please.