Greg Moore
Anyone moving their investments to Bitcoin?
7 October 2024 | 190 replies
Everyone just sees this as a way to wealth, when it was never intended for that.Its dangerous to encourage people to "move their investments" into bitcoin as the title says.
Matthew Estrada
Lessons Learned: My Experience with The 'Flip System'
30 September 2024 | 47 replies
I often see $130k appraisals but I'm certain the property would maybe fetch $110k on a sale.It's an important distinction.
Nolan Dalton
DSCR LOANS. Where to get approved?
25 September 2024 | 37 replies
At 26, having 4 properties and looking for more is quite the story.KeyBank man should be ashamed of himself.I'd disagree with some of the assumptions in this thread.Rate locks don't need to be for more than 30 days. 45 days can cost you a quarter point depending on the lender and it's really not necessary.Always remember that origination points and discount points are two distinctly different things.For us, some origination fees can be just 2 points and some are just 3 points.
Chase Fritz
Anyone got a great CPA in OKC...?
23 September 2024 | 8 replies
Figuring out this distinction has been light and enjoyable.Insightful Tax & Advisory
Nia Booker
Horrible First Multi Investment Experience - Do I Need Legal Counsel?
25 September 2024 | 8 replies
Its dangerous.
Christina B.
Service dog last minute disclosure
24 September 2024 | 15 replies
One distinction that has not been brought up, a legitimate service animal is there to provide some vital service for it's handler therefore is never left home alone while everyone goes out shopping, dinner or sight seeing.
Rian Madden
New to real estate
24 September 2024 | 4 replies
Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.
Michael Plaks
The so-called "STR loophole" - hype or real?
23 September 2024 | 19 replies
It involves using Section 179 or bonus depreciation, and I would not DIY this project, as distinction between repairs and capital improvements is one of the most confusing areas of the tax law.And no, you do not need a cost segregation study to deduct these components of your rehab - if you have itemized invoices and receipts.Myth 8: for a valid 1031 exchange, I must exchange STR for another STRNo, you don't.
Chris Allen
When to sell properties
21 September 2024 | 14 replies
Holding onto a property merely for tax considerations is a dangerous gamble.But if you want to gamble - yes, selling in a year without a W2 job usually saves on taxes.
Mindy Jensen
Do YOU Want To Be A Guest On The BiggerPockets Podcast?
20 September 2024 | 51 replies
This results in some seriously dangerous advice for your impressionable young listeners.