Lucien Perreault
TSP Loan good or bad
12 May 2018 | 8 replies
I’m trying to build wealth and the TSP is not the best vehicle for wealth building.
Matthew Paul
Handyman charges from a national franchise
7 May 2018 | 2 replies
Thats about the same as a cement mixer driver , or a heating oil truck driver
Fan Bi
Providence, RI Historical (Un)Appreciation
15 May 2018 | 9 replies
It's generally not too business friendly and I just don't see many drivers of growth or demographic/employment trends running in its favor, compared to other parts of the country.I do think if you're already here in RI, for whatever reason, you can do OK in real estate.
James Michael Carroll
Multi family first buy. Owner Occupied
16 August 2018 | 9 replies
They sold in an average of 24 days on market and at an average of 103% of asking price - and right now, there are only TWO MFR's listed in Waltham.Buyers are NOT in the driver's seat around here.
Dan D.
Is BiggerPockets just another guru website?
13 May 2018 | 16 replies
RE seems like such an amazing vehicle that can be used to make the life a person desires.
James Wagner
26 years old, seeking basic advice
7 December 2017 | 34 replies
My wife and i live in a moderately nice home and drive good reliable vehicles.
Thea Linkfield
Switch Property to LLC for tax purposes?
4 December 2017 | 13 replies
Shareholders would get 33% of income/losses and distributions.another example is if an S-corp is owned 90%, 5% and 5% the shareholders would get 90%, 5% and 5% of income/losses and distributions.On the other hand - Partnership vehicles are more flexible and can say a partner who owns 100% of the capital would only get 50% of the income.Also multi-member LLC's would require the filing of a form 1065(partnership return) where the partnership would then distribute a K-1 to each partner/member which they would then report on their individual tax return.Conversely, an S-corp would require the filing of a form 1120S(S-Corp tax return) where the corporation would then distribute a K-1 to each shareholder which they would then report on their individual tax return.A flip that took more than 1 year would still be taxed as ordinary income.
Eric L.
GM: Robotaxis covering multiple cities within 18 months
1 December 2017 | 1 reply
Be careful to parse marketing hype from reality.Autonomous driving vehicles will have a huge impact on real estate, but not until the manufacturers, government, and insurance companies all agree on how it will work.
Ben Allison
Connecting with sellers NOT on the MLS
5 December 2017 | 5 replies
As a rider, I've gotten a deal from an Uber driver who knew his cousin was thinking about selling the three family property he was living in.
Paul Fagot
36 unit apartment complex ADVICE!!!!
20 January 2018 | 33 replies
You don't want a back seat driver. minimum years that the investor needs to hold the note.