As ever, the definitive answer is, it depends. In some cases, the stars align. In others, not. Regardless, you need to know The Good, The Bad, and The Ugly:The Good:Review your employer's Summary Plan Document (SPD) o...
Hi All,
I recently purchase an investment property, but i rent it to my parent at lower price, not at a market rent value. My question is:
Can i file my tax under a rental property, the reason is that ...
Hey! I live in WA and we are looking at a 4-plex in Oregon. WA doesn't have state income taxes where OR does. Will anyone give me a run down of what they experience tax wise when living in a state with income tax an...
Hello, I am posting to see if anyone has had experience with a lender that specializes in loans for Self Directed IRA's? I finally pulled the trigger and moved my Roth away from Wallstreet! As I analyze investment opt...
Hello BP Community,How are you? Hope all is well! I'm a fairly new member on the BiggerPockets.I just have a question for you regarding how to use a ROTH IRA funds to purchase real estate properties. Since all funds a...
I’m soon going to be investing out of state I live in California and I’m just wondering do I get taxed twice on income. When I get tax from wherever I’m investing and then get tax in California.
I am looking at purchasing my first property, a duplex, to live in and rent for a few years. Eventually I will move into my own place and keep the duplex as a rental. I have the option to take physician loans which r...
Hey Guys,I recently inherited a traditional IRA (Non-spouse) and would appreciate additional feedback from those who are familiar with what options I would have. I am looking to pull out about $100k right now in order...
Hi All,
I am researching buying rental property w/ a SDIRA. And after talking to a SDIRA custodian, she schooled me on non-recourse loans and the taxes associated w/ purchasing leveraged property.
So I am wondering...
Without going into the weeds on the 'why', Last summer I quit claim'd a non-performing rental (Mayflower) taken Sub2 (with a basis of $65k) back to the original seller, in exchange for them forgiving $42k in notes for...