Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Adam Sankowski Any REI tax pro or genius recommendations for Boston Somerville
11 October 2018 | 13 replies
In other words, everything is possible without affecting the due on sale clause.Something else to add here, I'm going overboard but since you might be having a lot of looses you want to make your return audit-proof:You must materially participate to deduct any tax losses from your airbnb activity.Use of a management firm makes material participation less likely.Use of a management firm increases the possibility that you will not be involved in day-to-day activities, and that lack of involvement will cost you any claim of investor time for material participation purposes.The IRS questions whether drive time counts for material participation purposes, and the court in Toups denied drive time as material participation time.
Pat Wasson Looking for New Property Insurance Carrier
15 October 2018 | 3 replies
We’d love to touch base directly with you about our participation agreement and Terms and Conditions.
Mark Collins Newbie from Oroville, CA
16 October 2018 | 9 replies
Looking forward to learning and participating here.
Heather O. Teen Tenant Died After Lease Terminated During Overstay
13 March 2020 | 7 replies
I had never noticed Trolls here before.Better rethink my participation.
Jared G. Questions on finding property value
13 October 2018 | 8 replies
I would trust Zillow and ilk as far as I can throw them.Imho the best source is mls, and verify data with tax assessor data or participants in the sale.
Nicole Walley Do homeowners have an easier time breaking into RE investing
14 October 2018 | 11 replies
Seems to me in general people are working and have a family, sleeping, eating, cleaning, maintaining a pet and a car is all a major % of their time, they don't or can't or won't spend the time needed to be expert/comfortable enough to participate in and be good at stock investing for example. 
Haresh Melwani Best Low Cost Self-Directed IRA Provider/Custodian
29 October 2018 | 6 replies
Roth IRAs cannot be transferred to Solo 401k plans.A few other Solo 401k benefits: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.
Kristian A moreno How can my money grow as I’m saving up for my first purchase?
29 October 2018 | 19 replies
If you're self-employed, the Solo 401k will provide many benefits over a self-directed IRA: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)
Patrick Philip How does Blackstone Group improve properties?
15 October 2018 | 2 replies
Patrick - The Blackstone group is a well oiled machine that participates in many different facits of real estate ranging from apartments to hotels and even mobile home parks.
Derek A. Best areas for Multi Unit in Chicago area
1 November 2018 | 13 replies
My profound thanks to everyone that participated in the forum!