Tyler Speelman
Exploring Creative Solutions for Down Payment and Tax Avoidance
12 January 2025 | 13 replies
Alternatively, your sibling might use a 1031 exchange to defer taxes by reinvesting in like-kind properties, though this doesn't directly fund a primary residence.Other ideas include leveraging a HELOC on the rental properties for the down payment, taking out a 401(k) loan, structuring an owner-financed agreement, or a lease-to-own arrangement.
Dana Furby
Jumping in and excited to be in the market again
6 January 2025 | 4 replies
Look for properties where you can add value with smart, targeted renovations rather than going overboard.Financing Strategy: Since you're aware of the leverage risks, keep your financing options flexible and conservative.
John Reagan Johnson
Switched to a Property Manager
22 January 2025 | 9 replies
To become a true business owner or investor, you need to leverage your time through others.
Lauren Merendino
Pre retirement Strategy
27 January 2025 | 29 replies
Many are focusing on placing long-term residents in properties to pay down the mortgage while leveraging a professional team for hands-free management.
Emily Gowen
When to sell vs hold rental properties that have appreciated?
25 January 2025 | 13 replies
Holding properties in all cash early in an investment career is missing out of leverage returns.
Rebecca Gona
New to STR -Excited but scared- need to learn!
25 January 2025 | 12 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
David Fowler
BP Meetup in Barboursville/Huntington, WV Area
5 January 2025 | 28 replies
My vision is for this meetup to be informal and organic.
Troy Smith
Refinance step of BRRR
13 January 2025 | 11 replies
A tidy, well-organized space can help the appraiser focus on the home's features rather than distractions.Research Comparable Properties: Have a list of comparable properties (comps) that have sold recently in your area.
William Taylor
New to BiggerPockets Forum as an Agent/Investor! *New Member Introduction*
12 January 2025 | 5 replies
@William Taylor so many options...Use your RE knowledge to: WholesaleFind rental deals to sell to investors locally or here on BPStart leveraging your personal contacts to build your sales businessFind a motivated seller willing to do seller financing:- Move in worst room or basement, rent out all the other rooms for max cashflow- You could even live in the basement and STR the rest of the house
Taylor McClure
I’ve heard of buying pre-foreclosures, anyone have experience?
15 January 2025 | 8 replies
He said it kept the bank from having to execute the eviction process, it salvaged the owners credit by not having a foreclosure on it, and the buyer gets it a much lower cost, because of the leverage of the impending foreclosure.