Adam Goldberg
Solo 401k for Unemployeed/Stay at Home Mom?
Hi All,
My wife and I are about to have our first child and she may not be going back to work. Simultaneously, we are about to start the search for our first home and either flip or rent after 2 years. We were going ...
Brendan Dwyer
New Young Investor from Massachusetts
Hello all! I am a 23 year old male living in Massachusetts turning a new leaf in life and immersing myself in real estate investing. I have no experience but have been absorbing as much knowledge as possible and would...
Don Hines
Another "full time" question
What do you guys do for health insurance? That is one of my last security blankets keeping me at my JOB. I am 55 and fat. It ain't going to be cheap!!
Don
Cliff T.
Need advice on how to convert a primary to investment property
Hi BP-
Looking to get some advice on the best way to convert my primary residence to a rental property. In short, I purchased the property in 2013 for approx. $420K and the value is now closer to $475K. I would prefe...
Grace Porritt
Should I Pay Myself as a Manager?
I am trying to figure out the best way to take money out of my rental properties with the least amount of tax impact. I was thinking about paying myself 10% manager fee for each of my STR rentals and 5%/month on my l...
Taha Tekreeti
Can I put my first home into an LLC
Hi biggetpocketers,I have a small townhouse that was my first home purchase and I’ve been living in for 7 years. I’m moving to a different state so I decided to keep the house and rent it out. The house mortgage is a ...
Yonah Weiss
Opportunity Zones paired with Bonus Depreciation?
Everyone has heard about the potential tax benefit of Opportunity Zones, but has anyone noticed the even greater potential when combined with bonus depreciation. Our tax counsel pointed this out to me, and I was wonde...
John Vietmeyer
Bonus depreciation & opportunity zone
I have a duplex held in an opportunity zone partnership established by my wife and I. While there is potential to add an ADU, we already hit the improvement thresholds and was going to ride out the 10 year period th...
Eric Wagner
Using your primary home equity
I will be refinancing my home and using equity to purchase a STR. Doing so, will allow my to pay for the STR property in all-cash and offers a lower interest rate (as compared to a separate loan) however the lien will...
DS MokNgo
Selling as a Foreigner
Hi All,I am a foreigner to US and considering to sell my property in North Phoenix. WIthout doing any rehab, I was told it would sell for 300-325k; with rehab (spending of 25-30k) it might be able to sell for 360-380k...