Tom S.
1031exchange on house initially purchased to rent but now selling
12 May 2018 | 5 replies
During the inspection period of the sale, I had a rental inspection performed on the house per my cities ordinances.
Michael Forbes
Roth IRA/401k withdrawal for REI - Need Tax Help
1 November 2020 | 6 replies
For example, if the Roth 401k funds have not satisfied the 5 year holding period, the earnings on the Roth 41k cannot be distributed from the Roth IRA without paying taxes on the earnings until the Roth 401k funds have met the 5 year holding period in the new Roth IRA and you have reached age 59 1/2.
Connor Wallace
Getting started in New Haven, CT
26 March 2018 | 3 replies
There's a wealth of information on Biggerpockets and I would suggest doing some self-educating on the different aspects of REI through the "Education" tab up at the top of the site.To be a little more specific, search for "House hacking" forums and blog posts to get a more in depth look as to how to get started with your condo and /or multifamily plan.Also consider why a condo and not just a multifamily to start...I could almost definitely say you don't need a RE company at this point.Like @Cameron Norfleet said, you could start with reaching out to a lender to see what types of financing you will qualify for.
Ryan Mahoney
New Member Introdction
1 April 2018 | 5 replies
Was able to rent a room or two to friends and family periodically.
Michael Arreola
CPA vs enrolled agent
24 March 2018 | 6 replies
Furthermore, they are required to take continuing education to keep their license.CPA(requirements vary by state) but require completion of 4 or 5 years of college education.
Nicholas Martin
1031 tax exchanging rental property into a primary residence
23 March 2018 | 4 replies
There is no statutory holding period that is required.
Andrew Joseph
Tuxedo Park/Englewood communites in Indianapolis, IN
1 August 2019 | 8 replies
The non-profit is implementing a project called the Teachers village or Educators Village.
Joe Prenger
Rent increase on a currently occupied rental property
24 March 2018 | 6 replies
(One month’s notice means a full calendar month, and must include a full rental period.
Anthony Winston III
ARV to Refinance Rental Property
24 March 2018 | 4 replies
If you apply for a conventional mortgage with a bank they will likely require a seasoning period before they will refinance.
Lawrence Ratliff
$200/week + a little hustle is really enough
26 March 2018 | 23 replies
Lastly, since everybody has different investing goals I'll leave you with this: Even if my return is zero or even somewhat negative during the repayment period, in 15 years (actually quite less on many of my properties now) once the properties are paid for and still generating a ton of cash is when I will enjoy the returns...I can see it now, I am 60 years old traveling the world with my wife and not a financial care in the world, and when I am 80, my kids saying "Dad, your so cool, we're really glad you bought those houses"Cheers, Lawrence