Pradeep Velugubantla
Cash Flowing Rental Properties
Hello BiggerPockets Community,I’m currently exploring the real estate market in Reading, PA, and I’m particularly interested in rental properties that generate cash flow. However, I am not finding any decent properti...
Eve W.
Rental gain on Schedule E, wholesale business on Schedule C?
Hi I have rental, operated under LLC. I also do wholesale and the wholesale business is operated under the same LLC.
Do I report both on Schedule C as business or do I separate them, rental in Schedule E, who...
Jed Jordan
New to Real Estate and seeking advice
I've only recently been introduced to Bigger Pockets, and just joined today. I have been interested in real estate investing for many years, but am not sure I want to deal with tenants. I know this can be a problem....
Edward Mccracken
Loan on 403B / 401k
Through my employer I have a 403B. I don't have the much money in there. I'm probably going to be paying a decent amount in taxes this year, I made a lot more than last year. What I was thinking was putting in a lo...
Thomasina Pearce
getting approved for conventional loan as contract worker
Hi BP family! Are there any investors whose primary source of income is 1099 or other contract work? If so, any tips on how to appear as stronger candidate for conventional loan? Especially if your income fluctuates m...
Steven Burrows
Solo 401k
Looking to open a solo 401k under my current Home Improvement business which is a LLC. Need checkbook control and ability to take loans. Any recommendations from those that currently have the same.
Jon S.
LLC declare as Partnership or S-Corp?
I have a new LLC. My prospective accountant has suggested that I declare it as an S-Corp. Would the income automatically pass through in an S-corp, to the members of the LLC? Is this good or bad, pros and cons? What a...
James Lunt
If you have the money to place a large down payment, should you?
For reference, it would be a roughly $300k property that would generate ~$2,250 in gross monthly rent. The two scenarios:
1. 20% down payment: $48 monthly cashflow, 0.83% CoC ROI - not good
2. 50% down payment: $475...
Tristan Pearrow
DSCR Loans: Lending Parameters, Key Features, and Up to 10 Units
Hey BP Community, a lot of you have had questions since I posted about DSCR loans last week. So...
Here's a follow up on my last post. This time I’m going to highlight some of the features of a few DSCR options for v...
Drake Espenlaub
Current IRA to Self Directed IRA conversion?
I currently have an IRA with the company I am employed with through fidelity, invested in the company stock. I have been using a loan strategy on it to purchase and rehab my properties. Is it possible to switch the r...