I know that the IRS frowns on running flipping businesses out of your SDIRA. How is private lending viewed by the IRS? Is there a point to where you are considered a Lending business and become subject to UBIT?
We are about to sell a property with a net of approx 1M. I'd love to hear more experienced investor's thoughts on diversifying and reinvesting this. Background: My husband is very close to retirement (maybe 2-3 yrs?) ...
I found bigger pockets a while ago while trying to get some assistance with utilities on a rental then started looking around and saw what a great resource this site could be.I am a little bit of a house flipper by na...
I am reviewing properties for my first purchase. I’ve educated myself here (thank you BP!) for buying a 4 to 6 unit building. My questions are:The property details list the current rental rates and generously forecast...
Hi All,Wanted to see if anyone had/have the experience in long term investments in these location, given they are 3rd/4th tier locations, but have some sort of large anchor. Springfiled IL, due to government jobs and ...
I hear that I should utilize cost segregation to calculate my depreciation in this first year of renting, but every calculator I find starts with the question "How much did you pay for the house?". I bought a new hous...
Can you use your Roth IRA to buy your first rental property? I was curious, I been putting a lot of money into my Roth but also saving extra funds on the side for strictly Real Estate . Please comment below some strat...
I'm looking at the following Fannie Mae foreclosure:
3 BR/1.5 BA
Decent Working-Class Neighborhood
Price: $52,900 (asking)
Rehab: $2,500-$3,000 (nothing major, but needs fridge and dishwasher)
Potential Rental Income...
Hi Everyone, I finally have close to enough money to begin investing in properties. When I was in the US the plan was clear, I'd start with my own money for the down payment on the first house, build up my reputation,...
I am a relatively new investor with just a few properties under my belt. I live in Northern CA and have had success investing here, however I am finding that there are much better deals to be had elsewhere and then C...