
21 November 2024 | 4 replies
It is 'lost' when investing within a retirement account.2) If the extra rate of return is about 1%-2% it may make sense given all the extra worth involved such as setting up and paying for the SDIRA account and then potentially having to file certain tax forms if your income is subject to Unrelated Business Taxable Income.
19 November 2024 | 6 replies
Also, make sure your accountant or the cost segregation firm can prepare IRS form 3115 to change the depreciation.

19 November 2024 | 8 replies
For me biggest challenge I always have is getting returns done and k-1s issues

19 November 2024 | 23 replies
You can also buy a Landlord Forms package from Biggerpockets, me, or find one online and hope it's sufficient and legal.You don't need an app to manage your property.

19 November 2024 | 6 replies
A DSCR would be perfect for me because I have funds for down payment, I have good enough credit and my strategy has proven to do a lot more than just service the debt.Does anyone know of any good DSCR lenders that I could contact?

26 November 2024 | 86 replies
For me, a "Good" Sponsor looks something like this: - Fees more or less result in a solid full-time salary for sponsor, not millions in upfront compensation: Fees are structured such that the sponsor earns a good living while managing your money, but does not make a killing until your money is returned.

20 November 2024 | 9 replies
If you have any tips for me as well that would be much appreciated (just bought my first STR this fall and the quad in the spring will be my first LTR).

18 November 2024 | 6 replies
Looking to invest, I was thinking of flipping, as well airbnbs, etc.... many RE options -cant decide which one is right for me....obviously $ is consideration too,...

20 November 2024 | 5 replies
Personally, I wouldn't do any flip for less than $30k net of sale because STCG tax for me would end up leaving me with about $20k or so of actual profit.

18 November 2024 | 6 replies
So, I'm challenged right now finding a property that will cash flow well enough for me to pull the trigger.