30 April 2019 | 2 replies
The problem here is that these typically need to be passive, so this would not jive with our intent to be GP's in a syndication.
13 May 2019 | 14 replies
I've been doing passive and active REI for almost 20 years now....mainly multifamily
28 April 2019 | 2 replies
I’ve been listening and reading about Tom Wheelwright’s suggestion on cashing out on 401k/IRA and taking the penalties and investing it in real estate since new tax laws would be in favor of investors.With new tax laws (2017) and the many deductions (bonus depreciation and doing a Cost Segregation), would passive investors benefit by cashing out their previous employer's 401k or traditional IRA to invest in real estate?
26 April 2019 | 3 replies
First, I want to give a shout out to BiggerPockets for giving me an avenue to gain valuable knowledge.
2 May 2019 | 2 replies
First, I want to give a shout out to BiggerPockets for giving me an avenue to gain valuable knowledge.
28 April 2019 | 28 replies
Greenstone might even let you get owner financing for a portion (avoiding PMI AND saving seller from tax hit) of the purchase, which might gain you an excellent sales price.
1 May 2019 | 3 replies
I think that's a good zip code, it would really depend on the cash on cash are looking to gain.
2 May 2019 | 5 replies
How much you will be charged depends on several factors.Are you investing in a state with a complex tax return/tax laws.New York, California, New Jersey have slightly more complex returns/laws than say Pennsylvania or Maine.Are you generating a loss from the syndication which requires complex NOL/Passive loss carryforward forms.
29 April 2019 | 6 replies
I think a reliable net $2500/month in passive (to the extent that really exists) in the next 3 years is a SMART goal.
29 April 2019 | 1 reply
Cons: missing out on some cash flow, capital gains tax.I know this is kind of a long post with minimal information but how do you know when to keep or sell?