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22 November 2024 | 1 reply
I have a priority credit line on my brokerage account that is now > 1% lower interest rate than my mortgage.
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23 November 2024 | 7 replies
My friend has received K1 documents from his accountants for several years and been paid small amounts.
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23 November 2024 | 3 replies
Maybe a HELOC because it's in your account.
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23 November 2024 | 9 replies
Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.
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22 November 2024 | 12 replies
I was told by my tax person that I can only deduct a percentage and not the total cost of the remodel.Thank youI am not sure why your accountant would mention you can only deduct a percentage.
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24 November 2024 | 8 replies
I.e. a group that was getting 30+% returns out of a 2017 acquisition with a sale in 2019, should be looked at loosely against other sponsors with deals of similar acquisition date, as general market timing is really going to be 90% of the overall return, with the operations only accounting for a small part of the overall return.
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22 November 2024 | 14 replies
However, I know that I do not want all my income to be reliant on my day job and live to watch my retirement account grow.I am probably doing better than a lot of people my age but am eager to take the correct steps to build a real estate portfolio.
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18 November 2024 | 1 reply
https://www.biggerpockets.com/forums/12/topics/1136927-land-...I run a small organic farm in Victor, ID. 30 min from Jackson Hole and close to Grand Targhee ski resort in Idaho.
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2 December 2024 | 33 replies
How many years would it take to get $360k in your bank account based on the rental income if you paid all cash?
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15 November 2024 | 7 replies
We use accounting software that codes the income and expenses to the property (called a class) so we can run P&L;s on each property with ease.Your accountant and bookkeeper will also thank you later for keeping it simple and avoid significant accounting costs.