Hello BP community. 2018 was my first year investing in real estate. I was hoping to see some tax benefits, but my CPA sent me this note:"And what I suspected did happen related to the rental. Your income was too hig...
I was forming a reply to a thread "when does someone become rich" and realized the thread had turned to a discussion on taxes. I decided to start a new thread, just on that subject.It has been a huge concern for me th...
For those of us who are passive investors 2013 brings new federal gross rent tax of 3.58%, thanks to Obmacare. It is one of the myriad of new taxes passed by the Social Democrats. How are other passive investors of th...
Hello my fellow BPs, I'm considering of starting my first investment property soon. I have been doing my own research by reading the BP blogs, listening to the podcasts, asked people questions (including my CPA). Howe...
I recently got married and upon the final details found out that my spouse's condo was behind on payments because she had accidentally let the insurance lapse and a pipe burst.I was just beginning my real estate/renta...
Hey everyone!Curious to see how people have overcome the debt ratio hurdle. I'm a relatively new investor focusing on buy & hold, and very passionate about real estate. I'm about to close on my 4th property and wi...
If you are middle class in America and you depend on W2 income for a living, the chips are stacked against you.1. Why are Americans who work for a living taxed more than investors who live off of their investments?2. ...
Are you still putting your money away in a retirement account?
Are you maxing it out?
Are you getting the bare minimum employer match?
Or are you parking all your money in a liquid account to be ready for the next ...
So, I was browsing the Internet and found this article on Bankrate and since I know there are some wealthy BPers on this forum, I thought I would ask what your opinions are. I'm a saving and a believer of a pen...
Most of us on these forums strongly consider multi-family to be a solid investment, but not everyone fully understands why. On the other hand, many people have fears over a stagnating economy... We can only go this ha...