![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1168636/small_1666149539-avatar-golanc.jpg?twic=v1/output=image&v=2)
24 January 2025 | 6 replies
I had one overall criteria and that was could I create additional value and could it pencil.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3156291/small_1736859085-avatar-shellym45.jpg?twic=v1/output=image&v=2)
17 January 2025 | 3 replies
Just remember that wholesaling is much tougher than all the gurus make it seem to be, but not impossible at all if you create the right systems and understand, when you are new, that you are solving problems, not throwing cash.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2465081/small_1735345292-avatar-cathyries.jpg?twic=v1/output=image&v=2)
3 February 2025 | 8 replies
Consulting a tax professional now can help structure ownership and financing efficiently, ensuring you take full advantage of deductions, depreciation, and potential tax-saving strategies like 1031 exchanges in the future.This post does not create a CPA-Client relationship.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3168713/small_1736730387-avatar-victory33.jpg?twic=v1/output=image&v=2)
19 January 2025 | 7 replies
This post does not create a CPA-Client relationship.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3175163/small_1737954507-avatar-alexs1197.jpg?twic=v1/output=image&v=2)
27 January 2025 | 1 reply
Once you're ready, create a goal (e.g., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2881566/small_1701244441-avatar-deanh101.jpg?twic=v1/output=image&v=2)
6 February 2025 | 10 replies
Once you're ready, create a goal (e.g., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3178388/small_1738718559-avatar-clarkh30.jpg?twic=v1/output=image&v=2)
7 February 2025 | 7 replies
But did create issues of determination of value when distributing the assets of the LLC because all properties are probably not exactly equal in value or equal to a members % interest.But either of these can be made to work for you in the situation you describe.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/834440/small_1722385970-avatar-grantshipman.jpg?twic=v1/output=image&v=2)
31 January 2025 | 2 replies
Co-living, on the other hand, mitigates this risk by creating multiple income streams.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2305287/small_1737487117-avatar-jeremyf59.jpg?twic=v1/output=image&v=2)
21 January 2025 | 0 replies
A partner and I created a new LLC (51/49) in which two other LLC's have interest in.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3167688/small_1736525560-avatar-davids2953.jpg?twic=v1/output=image&v=2)
16 January 2025 | 38 replies
If you're interested in seeing how that all breaks down from an income and expense standpoint, I created this Sankey diagram to share with you:As for me, I'm planning to leave my w-2 job and take a little career break before deciding what's next for me.