Angelo Cortez
Closing STR in December, but won't get STR permit until January. (STR W2 Taxes)
As title says - I'm closing on an STR in December, but I likely won't get the STR permit for it (Sacramento) until January. Is there a way I can still get the tax deductions for 2023? What if I furnished it in 2023 an...
Shane Wolf
Alternative Ways to Generate Starter Cash
I am exploring different ways to generate additional cash to use towards BBRRR and cash only home purchases. I have money in stocks and emergency funds but would like to avoid tapping into them if possible. I know the...
Andy Chen
Suing someone in small claim court out of state
Hi all,
I have been dealing with a rogue agent, @Vic Valera who took my tenant's rent money and refused to send it to me. Unfortunately, it seems like the only way I can get my money back is in small claim co...
Daniel Dietz
What Qualifies as "Self Employment Income" for setting up SOLO401
Hello All,I am going to be talking to a couple of the "Pros/Vendors" for are so sharing of their time and knowledge here this week about setting up our Solo401k accounts, but thought this might be a good question to a...
Brian Braunhuber
Looking for Referral for Self-Directed IRA Company
Hi Everyone, I'm leaving my job and have a 401k that I want to roll over into a Self-Directed IRA. Which companies would your recommend. I plan on investing in the Portland, Oregon area. Thanks in advance for time and...
Sean Gallagher
Cost seg / accelerated depreciation to offset W2 - thoughts
Please chime in if you have done this.. Short term rental with cost seg study/ accelerated depreciation to offset W2 income. Say you're doing this on a 4 unit that appraised for about a million. And you do a cost s...
Ken Yeung
Newbie from New York City
Hello BP members,I have been in BP for 2 months, and thru Brandon Turner's podcast, he reminds everyone to introduce themselves in the forum.My name is Ken, I am living in New York City.I first encounter real estate i...
Alex Todd
REPS status scenario + underwriting paper losses
Hi all - my wife and I are planning on a April 2025 1031 exchange into a larger (for us at least...like 5-8 units) multifamily unit. An idea we have is, I am burnt out from W2 life, and wife makes great money (+$300k)...
Jorge R.
Renting to mental health for a group home
Hey BP Community,I have a rental available in a C class neighborhood and my property manager let me know that a mental health organization wants to submit an application.The property is a 3 bedroom SFR and the organiz...
John McAuley
SD IRA or Solo 401k - Can either loan to self?
Hey Everyone,If I transferred some assets to either a SD IRA or Solo 401k, would I be able to provide a mortgage loan to myself as an investment? In other words, could I go buy rental properties using my own SD IRA o...