Angus Brooks
Tax Implications for Refinancing a Property in an LLC and Distributing Funds
16 January 2025 | 12 replies
When filing the LLC return, it is important to ensure that these liabilities are accurately reflected on the balance sheet.However, it's essential to note that distributing the refinance proceeds among LLC members could potentially be viewed as a taxable event if there is no intent to repay these amounts to the LLC.
Alan Asriants
Why BRRRR is not an effective strategy today...
31 January 2025 | 44 replies
However, the success of this approach hinges on consistent appreciation, which depends on demand.The Key Factors to ConsiderPrice Dynamics: Prices are driven by the balance between buyers and sellers.
David B.
“Live In” Flip Advice!!
14 January 2025 | 10 replies
However if I do a BRRRR I can achieve infinite return by extracting all of my investment.
Devin La Croix
When can I buy again?
21 January 2025 | 4 replies
Timing your next investment is all about balancing risk and financial comfort—trust your instincts and run the numbers carefully.
Nico Banuelos
Hello BiggerPockets Community,
9 January 2025 | 2 replies
Congratulations on your impressive success since 2021—that's quite an achievement to have closed over 100 transactions in such a short time.
Rafael Ramos
Seeking Guidance and Strategies
11 January 2025 | 6 replies
Tampa has a lot of value-add opportunities in gentrifying areas where you can snag deals that balance growth and stability.
Aaron Hill
Heloc issues LLC
10 January 2025 | 6 replies
The plan is to use the heloc to purchase additional properties, and basically brrrr and pay back the balance - then repeat.What I didn't realize is how difficult it is to find a business heloc.
Marcus Stokes
fix and Flip
18 January 2025 | 21 replies
If experience is your concern, you can easily partner up with another experienced investor in your area to help balance the risk out.
Cheng Chu
Rental Demand in Mckinney, Texas
12 January 2025 | 3 replies
McKinney and Princeton have been growing a lot and it is a good place to invest, but it is always related to what you are looking to achieve in a rental investment, appreciation or cash flow.At this time that area does not offer a big cash flow and due to the amount of development going on there, rental demand has declined a bit.In any case you have to make an analysis case by case.
Alex Messner
Purchasing first home (with debt)
16 January 2025 | 10 replies
Ultimately, balancing your student debt and financial goals will help guide the best decision.Good luck!