Satyajeet Dodia
Is my Entity Structure overkill ?
20 December 2024 | 28 replies
Deed holder is almost always named because its the easiest party to find...deed's are recorded and public.It also sounds like the Wyoming LLC is the deed holder and the transactional costs associated with re-titling the real estate is likely going to be more expensive than continuing to maintain the Wyoming LLC.
Michael Plaks
EXPLAINED: should I trust all those "End-of-Year Tax Saving Tips"?
24 December 2024 | 6 replies
Here is a fresh example, and it actually came from another tax firm (not mine) specializing in real estate.Let me briefly tell you why I crossed out their pitch:Strategy 1: depends on your 2025 projected net income vs your 2024 net income, among many other factorsStrategy 2: can backfire amidst the uncertainty of future tax rules regarding bonus depreciation, and also ignores alternativesStrategy 3: no rush to do it before December 31stIf you decide to continue reading, I will give you a high-level overview of the most common EOY tax strategies, obviously without an actual discussion of each one.
Jacob Kurian
Newbie FHA Loan
16 December 2024 | 5 replies
Long story short, if you use an FHA loan to buy a property, you need to actually use it as your primary residence (move into it and live there) shortly after closing and continue living there for a year or so.
David Charles
New to BiggerPockets!
19 December 2024 | 13 replies
Even with multiple units, with current interest rates and a competitive market (prices have continued to rise even with higher interest rates) think the Madison market is a stronger long term ownership strategy, where the bulk of your return will come when you sell from appreciation in rents and property value.
Kyle Fitch
Why Real Estate Over Stock Market?
6 January 2025 | 57 replies
Do I proceed with continuing to rent it out and sell later, or sell now?
Toby Fellows
Do I have to register with a broker if I want to get my real estate license?
12 December 2024 | 11 replies
Find out what they offer as far as education and support, what their fees/splits are and what their expectations might be.Remember, you will need a certain amount of continuing education hours, and you will want a Brokerage that has the support you need to help you through your contracts and answer questions.
Bob Avery
New Twin Cities Investor Looking for Advice Getting Started
16 December 2024 | 7 replies
Once I hit that goal I'll take stock of how much I like scaling real estate vs. how much I dislike my job, and make a call on retiring vs continuing to scale.Your goal is both hard and very realistic.
Ron Brady
PE Trump planning to privatize Fannie and Freddie? Why?
12 December 2024 | 1 reply
(Some have argued that the actions of the Obama administration were illegal taking.)The main problem with having it controlled by the government is that it has been, and will continue to be used for political purposes, right or left, depending on the administration.I'd rather see it outside government control.
Lauren Cartmell
How to find a knowledgeable agent to sell my occupied investment property
18 December 2024 | 13 replies
However, we are hoping to continue our investing portfolio where we currently live and have a lot of equity tied up in this home, preventing us from moving forward.
Shaylynn O'Leary
Advice: New Investor/Small but Mighty Portfolio/ Long Term Game Plan
21 December 2024 | 20 replies
I changed my strategy from 2 years ago of acquiring more doors and "cash flow" to now looking at the asset if I continue to buy.