Troy Boister
EIN Corporate Credit / The Unknown Benefit
17 December 2024 | 0 replies
Real estate investors are sitting on an untapped goldmine of financial leverage through EIN Corporate Credit, a strategic tool many overlook. This is NOT Business Credit.
By establishing a separate corporate credit ...
Benjamin Carver
Building an ADU in Raleigh NC: Here's What You Need to Know
6 January 2025 | 8 replies
To list a few...Anyone who wants to increase their property’s income potential (and equity) and build new housing in a market that struggles with high prices, low supply, and few new construction.House hackers who live in their primary and want to airbnb an ADU love this strategy or vice versaInvestors who want to do both long term and short term benefit from having two separate units.Rental Restrictions on ADUs.Thankfully, Raleigh is very STR friendly and ADU friendly right now.
Steve Englehart
Cashing out IRA to buy rental properties.
3 January 2025 | 45 replies
Just be sure you fully understand the rules—self-dealing or personal use of the property can disqualify the tax benefits.
Jonathan Bombaci
Spent $209,000 on Attorney Fees in 2024 – Considering In-House Counsel in 2025
8 January 2025 | 11 replies
I’d love to hear your experiences, especially if there were unexpected benefits or challenges.Looking forward to your insights!
Mackaylee Beach
2024 was a great FLIPPING year
15 January 2025 | 2 replies
Lots of folks are pulling out cash based on the appraised value for their next projects and holding for a few years to benefit from appreciation.
Thomas Farrell
BRRRR with ~400k Capital
18 January 2025 | 16 replies
Use tax benefits like depreciation, repair deductions, and tax-free refinance proceeds to offset income, and consider an LLC for liability protection.
Justin Silverio
BiggerPockets + Invelo - Here's what you get
9 January 2025 | 43 replies
And if you do upgrade, you get an additional $50 in your wallet.To get access to these benefits, you will have to link your BP Pro account to your Invelo account.
Melanie Baldridge
“active income” and “passive income"
20 December 2024 | 0 replies
There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.
Jonathan Ludizaca
BRRRR Single family or multi family
17 January 2025 | 6 replies
If you’re comfortable with a bigger investment, a duplex is good for the benefit of additional cash flow and you could house-hack.
Bob Asad
Wouldn't a Subject To Hold the Seller from Moving on?
2 January 2025 | 1 reply
The mortgage would stay under the seller's name.The buyer could then rent out the unit, renovate, etc. to increase cash flow or make more money.But aside from a possible "due on clause" being called by the mortgage company, what's the benefit to the seller?