Mark Rueda
1031 Exchanges & Mixed-Use Properties
I own a two-family home where I live on the second floor and rent out the 1st floor. For tax purposes I made my principal residence 50% and rental investment 50%. I have been depreciating half of the homes cost basis ...
Joel McKinney
Question on capital gains taxes
Hello BP People, Quick question here. I am looking to invest some funds into an apartment rehab syndication. I've done a quite a bit of research and all looks like it's on the up and up. I would like to sell stock to...
Tyler Cope
Can this be done in Oregon?
So here's the situation, we have a family member that may be forced to sell her primary home. She is the sole owner of a SFR and owes around $150k on her mortgage. We're thinking of ways to keep her in the home for ...
David Klem
Which business entity is best? e.g. LLC, S-Corp, C-Corp, REIT
Although I'm already considering at least one tax preparer I wanted to see what everyone else on Bigger Pockets is doing. Flips are short term and rental properties are long term. I understand you don't want to mix th...
Henri Meli
Real estate purchase using 401k
I learned something recently about 401ks that I didn't know before and it really threw me off. Now I'm scrambling for alternatives.
I have been working a corporate job for the last decade. During that time I ...
Adam McCarty
Can your LLC own the house you live in and rent it to you?
So here is what I am thinking. I want to sell an LLC the house that I have live in flipped for market value today and rent it to myself. I would like to owner finance it as we have very good rates on it. I have lived...
Josh Walker
1031 Exchange Question
I am looking for advice and ideas from those with experience with 1031 exchanges. I have a family member in the process of selling their business and was recently advised to consider a 1031 exchange for the portion of...
Patrick Plummer
Can a Self-Directed IRA LLC be created in a Series LLC Cell?
Hi. This is my first post here on BiggerPockets and I hope someone can shed some light on a question of mine.I am going to create a self-directed IRA (SDIRA) LLC (aka a checkbook IRA), and I have spoken with several f...
Philip Abbey
Paying off debt vs. investing in real estate
Hey everyone, I am wondering if it makes more sense to pay off existing debt first such as student loans credit card and car debt, or to save up instead to put a down payment on a rental property to bring in passive i...
Rob Z.
Pay off car loan or pay off first rental??
Hey everyone, looking for some input. I have a car loan for 45k at 1.9% I also have my rental property note that is 46k at 5.2% I am in a position to pay off one, which would you pay off ?Side note, I'd love to get in...