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19 February 2025 | 25 replies
You need to keep in mind that this should be a long term hold at least to a point when you wanna convert back to CAD that you are not losing on conversionWhen i started in 2012 it was like 1.05-1.07
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10 February 2025 | 62 replies
From my experience working with over 400 investors, avoid transferring your home into an LLC (it can trigger loan issues), be mindful of capital gains taxes when selling, and ensure your debt-to-income ratio allows for your next purchase.
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21 January 2025 | 5 replies
Just be mindful of the following things when it comes to California.California does not recognize Bonus DepreciationCalifornia does not recognize real estate professional status.Therefore, you can potentially reduce your Federal taxes but not your California taxes.
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26 January 2025 | 14 replies
I know it seems like this older lady has an intent to intimidate me, but hopefully she is just behaving this way because her mind is slipping later in life.
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6 February 2025 | 28 replies
I’ll be keeping this in mind as I move forward with my own investments.Wishing you the best as you figure out a solution, which, from the responses that I'm seeing, are good solutions, but still tedious tasks to undertake.
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24 January 2025 | 6 replies
It seems like the perfect place, BiggerPockets, for finding people who are like-minded, asking them questions, and learning how to become a future investor.I believe that no matter how unforgiving the market may seem, the right tools, knowledge, and preparation can help minimize risk and create opportunities.
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23 January 2025 | 16 replies
BTW you said you have a 9-5 so keep in mind you cannot double dip on the employee 401k contribution.
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23 January 2025 | 9 replies
@Jim Stanley Keep in mind any expenses of your SDIRA asset must be paid for by the account that owns that asset.
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22 January 2025 | 5 replies
I personally don't mind cooking on electric but I will say that cooking on propane is different than what most people know which is natural gas.
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4 February 2025 | 31 replies
Curious to see if you would mind sharing what you found.