“Buy land, they aren’t making it anymore” said Mark Twain. While real estate is considered a fairly safe investment, it has previously been relatively illiquid. That is a thing of the past thanks to the tokenization o...
Both seasoned and new real estate investors have a powerful tool: the 1031 tax-deferred exchange. This strategy allows investors to defer capital gains taxes when they sell an investment property, provided they reinve...
Hi all. I figure I'd check in with the financially savvy folks of BP to see what is the best way to purchase a car. I'm not looking for a brand new car but a good used one that's maybe two to three years old?
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As a real estate investor and financial advisor I usually understand the mindset of other investors. Individuals in real estate are usually more willing to take on risk which is often rewarded. I understand REI’s usua...
Hi all, I'm in a conundrum and need smart suggestions.I currently rent out a 1 family house that is way below market value. The current rent barely pays for the monthly mortgage and I am scraping through to pay for pr...
I just got done with the process of setting up, and rolling over funds into, a solo 401k plan for both me and my wife. My original intent was to have the funds available for us to do a personal 401k loan to ourselves...
I’m a little confused on what happens when your rental breaks even and you do tax breaks or write offs for maintenance , travel, etc. Does nothing happen or you don’t get anything since the property is not generating ...
If you had $25,000 - $100,000 to invest passively would you rather buy shares in a REIT or put money into a syndication as a limited partner (LP)? Pretend you are a busy professional with $200-400k income (like a mid-...
Hi BP!! =)Most Southern Californians are perfectly happy purchasing their first piece of real estate to "achieve the American dream" or for another emotional reason. Those are valid and great, but there is a lack of ...
So, my wife and I bought our first real estate property two years ago as our primary residence. I did a VA loan with 100% financing. The home has been a fixer-upper and we now have estimated 60,000 of equity if we we...