Sean Gallagher
Scaling out of state while busy working my W-2
12 January 2025 | 23 replies
., you will come out on top just take a bit longer so you need to underwrite that in mind.If the former, I would do a combination of fixed income, private lending, and note buying and trade the arb.
Steven Rosenfeld
What do you think of syndicate sponsor Goodegg Investments?
11 January 2025 | 50 replies
If this is not something you're interested in delving into and learning to a high degree, then investing in publicly traded REITs would be another good option for you, which have historically returned about 13.5 per cent Per year over the past 50 years (1977-present), beating the US stock market by two per cent and even beating private real estate investing by 4 per cent (that's compared with the average real estate investor, not the experts here at Bigger Pockets).
Vidit Maini
Starting my small business
2 January 2025 | 14 replies
Unless of course you are in the trades and need something like a work van.
Steve Englehart
Cashing out IRA to buy rental properties.
3 January 2025 | 45 replies
Instead you traded that for 800k valued RE and 696k rents.
John Kim
Anyone Have Experience with Section 8 in Detroit?
30 December 2024 | 18 replies
@John Kim @Travis Biziorek is 100% correct.S8 really isn't difficult, but it's not the answer to everything that the self-proclaimed "gurus" make it out to be.With S8 tenants, you're just trading one set of challenges versus direct paying tenants.When we advertise a rental, we take the best tenant we can find, immaterial of their source of rental funds.You want to be careful investing in the City of Detroit because there are a lot of "crooks" trying to sell you Class D properties dressed up to look like Class C or B.Connect with us or Travis for more info!
Michael Plaks
Crazy technicalities: how the IRS defines your age. Spoiler: it depends.
29 December 2024 | 1 reply
Publication 15, Employer's Tax Guide, says only this much:...Payments for the services of a child under age 18 who works for their parent in a trade or business aren't subject to social security andMedicare taxes...No definition, and IRS publications are not really law anyway.
Troy Smith
CPA tax advice.
9 January 2025 | 11 replies
Some costs MAY qualify as startup costs if the rental rises to a qualifying trade or business level under 195 as well.
Alex Hymanson
Self-Storage Opportunity - requesting guidance
3 January 2025 | 7 replies
I've done this so many times it is crazy, so speak with experience.Also in small towns trades can be tricky.
Richard Volkov
Could This Be a New Way to Invest in Real Estate Without Buying the Whole Property?
14 January 2025 | 20 replies
You’re not buying ownership, but you’re securing a share of the cash flow, which can be appealing for passive investors.For property owners, the trade-off is receiving immediate liquidity in exchange for sharing future cash flow.