Rochelle Gerber
Has anyone moved their 401K to a self directed real estate one?
13 November 2024 | 22 replies
You cannot have a Solo 401k with full time w-2 employees outside of the married couple.
Jesse Jones-Smith
Advice on keeping expensive house as rental and downsizing
16 November 2024 | 12 replies
I am married and earn a good income, but we are a single income household—my husband is disabled and cannot work.
Chase Leibfritz
Can two people sell separate properties and 1031 exchange into one w/LLC parnership?
6 November 2024 | 4 replies
As Chris mentioned, the taxpayer has to stay the same between the 1031s.
Jamaal Smith
My monthly tax payment increased by a $600
29 October 2024 | 15 replies
My monthly tax payment on my 4-plex went from $1200 to $1800.
Douglas Alexander
Building Multifamily Property with VA Loan
6 November 2024 | 8 replies
I have a couple questions for you:Am I able to use my VA loan combined with another veteran if I am married?
Tanya Maslach
Down payment options
5 November 2024 | 2 replies
Lastly, unless you're married to this particular property, you should keep an eye out for other properties that just might be as sweet a deal.Also, about the HELOC, once it’s funded, those funds can generally be used for any purpose but double check with your lender JIC.
Jamie O'Connell
Section 8 - My Experience Two Years In
7 November 2024 | 45 replies
I've had Section 8 tenants that were great for 3-4 years before trashing the place, stealing appliances, not paying rent, and eventually abandoning the property with over $10,000 in damages.On a personal note, it chaps my hide that we have people in society that live off the backs of taxpayers for decades.
Scott Trench
Syndicator Threatens LPs for Negative Comment about them On BP
26 November 2024 | 86 replies
Partnerships be it JV or syndication are a lot like getting married.
Melanie Baldridge
Understanding the IRS Section 179 Election
1 November 2024 | 0 replies
Understanding the IRS Section 179 Election to Expense Depreciable Assets is crucial to making the most of your tax strategy.This provision allows taxpayers to expense certain qualifying assets upfront instead of depreciating them over a period of years.However, there are several factors to consider when using this tax tool.Let’s break down how it works:What Is Section 179?
Bryson Owensby
New to BP - 24 Yr old with 2 properties in TX
2 November 2024 | 3 replies
Currently renting out the first and house hacking the second until I get married.