![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1489504/small_1675601245-avatar-bradk88.jpg?twic=v1/output=image&v=2)
22 January 2025 | 21 replies
@Brad Kanouse Using Traditional IRA funds for an investment property typically incurs income tax and a 10% penalty if you’re under 59½, as investment properties don’t qualify for tax exemptions.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2940864/small_1734023330-avatar-wadew53.jpg?twic=v1/output=image&v=2)
28 January 2025 | 14 replies
You have to learn what you are willing to accept as not perfect, but good enough.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1855265/small_1694563083-avatar-ryang506.jpg?twic=v1/output=image&v=2)
31 January 2025 | 8 replies
The northland MAREI meeting and the main monthly meeting at MAREI have a minimal fee, or for $99 a year you can attend all of them for no extra charge - northland is in person, the main meeting is still online, both are great ways to connect and learn.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1469339/small_1738285016-avatar-mitchelle14.jpg?twic=v1/output=image&v=2)
4 February 2025 | 1 reply
Income would be from hunting dues and timber harvesting, expense would be conservation management, taxes, and the mortgage.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2060386/small_1672720352-avatar-jonathana322.jpg?twic=v1/output=image&v=2)
25 January 2025 | 155 replies
I learned so much from the course and PCS, and I'm claiming all of my cost on my taxes.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1355183/small_1735329897-avatar-hanyul.jpg?twic=v1/output=image&v=2)
31 December 2024 | 13 replies
I’d love to learn from all of you, connect with like-minded people, and eventually achieve financial freedom together!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3157675/small_1737672776-avatar-jaedons4.jpg?twic=v1/output=image&v=2)
31 January 2025 | 3 replies
I believe in putting in the work—1,000 hours of research, testing, and learning—before offering advice, and I’m excited to tap into the collective wisdom of this community to refine my approach.Here’s where my head is at: I’m considering strategies like short-term rentals (Airbnb) for higher cash flow, long-term rentals for steady income, or even creative options like house hacking or partnerships to stretch the funds further.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3157254/small_1734231350-avatar-jeisona.jpg?twic=v1/output=image&v=2)
3 January 2025 | 5 replies
The most important thing for you to learn as a wholesaler is repair costs.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3175287/small_1737987235-avatar-placeholderp84.jpg?twic=v1/output=image&v=2)
28 January 2025 | 3 replies
Between now and then, I am committed to learn and connect as much as possible!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/714875/small_1621495948-avatar-jacobh66.jpg?twic=v1/output=image&v=2)
22 January 2025 | 8 replies
Any tax pro who is familiar with REI will be able to help you.