Jack Anderson
Questions on depreciation and showing material participation
I know these are fairly common topics and I've done a lot a research on them but there are some points to my specific situation that I'd appreciate insight into.Background:In Early 2021 my wife and I bought a property...
Andrew Grieb
Buying an Owning Entity Instead of Buying the "Properties"
BP,I have a new idea that I would like to get some guidance on. I am currently purchasing a group of single family homes in Western NY; the seller owns them in several LLCs. I always own my properties in an LLC, but...
Michael Guzik
Goal setting? Think big or think reasonable?
Hey guys goal setting we all know it is important and valuable but how do you go about it? Should you side with Grant Cardone's 10x thinking and create these huge "impossible" goals? Or is it better to think reasonabl...
Jonathan Yeh
Dilemmas about purchasing a rental unit this year in Airdrie/Calgary..What to do!?
Hey guys, I'm an investor living in Airdrie right now, and I have been holding off to purchase a rental unit for the past year or so due to inflation and the forever-rising interest rate.However, I plan to buy one thi...
Walter Hodgson
GroundFloor - Equity Ownwership Offer
Hi, all. I'm an investor through Groundfloor.com, and things have been okay. No whiz-bang profits, but fairly steady growth. Not a ton or charge-offs like LendingClub.com seems to be plagued by. The biggest issue ...
Jill Curran
Opportunity Zones ?
Newbie here. I'm looking at a duplex as my first investment property, and after hearing about Opportunity Zones, I see that it's in one. I'm trying to understand what this means when it comes time to sell. OZ's look k...
Andrew Merewitz
Advice on how to take advantage of passive activity losses
So I make over 150k in W2 income and should continue that for the foreseeable future. Given that, how can I take advantage from a tax perspective of losses on passive activity from owning rental properties? I imagine ...
Account Closed
Highest and Best Use of a Pensions retirement plan?
In your opinion what would be your advice for the best use of a pension that will be released in the future? The options are rolling it into another 401k, cash it out (with all the tax penalties that go along with tha...
Max Baker
New Investor in Greater Tampa Bay Area
Hi All,
I grew up in South Tampa and moved to New York City to pursue a career in the financial services sector after graduating college. I've been investing in the stock market since middle school, but over the past...
Jonathan Miller
My unique predicament
Hey all,My name is Jon, I've been a member on BP a littler over a year now. I'm reaching out to anyone willing to hear my story and give me sincere advice. A little about me: I've been a full time Realtor for over the...