Hey BP,So I just started with my first property in January of this year.  I have it in my name currently (No LLC or anything else just yet).  I'm having this property managed by a professional property manager.  I'm g...

I am trying to figure out the best way to take money out of my rental properties with the least amount of tax impact.  I was thinking about paying myself 10% manager fee for each of my STR rentals and 5%/month on my l...

Hello Bigger Pockets,I am a Private Money Lender.  I only lend to real estate investors.  I only lend to business entities (i.e. LLCs and Incorporated).  I do not lend to individuals.  I also only lend on non-owner oc...

I have my first rental and plan on buying more throughout the years. What is the smarter move when it comes to spending your rental income? Use it to pay off the houses quicker so I can have even more rental income in...

I am in the process of working towards getting a potential deal under contract. The only thing holding me back right now is coming up with earnest money deposit right now. I was able to find someone to lend me the mon...

Hello and my question is,If my income was low , but I had access to funding.would I be able to put money in to a business I start up for my rental properties and claim it as business income or means of paying the mort...

Hi, I was approached by a friend with an opportunity to invest. His plan is to get a loan from me (promissory note) and then use the loan as the down payment from the bank. After talking to an attorney, he explained f...

I currently rent and have never owned. I make very good money and have always wanted to put my money to work in real estate - single family homes and duplexes specifically. I have recently come across a single family ...

Hey all, exploring some options for a personal loan to get a down payment on a place I am looking at. Has anyone had luck taking personal loans out for down payments? Or any other good options I can explore? Looking a...

Hello,

I am currently investing in a syndication deal. Me and a few others are members of an LLC that will hold the title of the property. So for example, Reece owns 10 percent of 999 Holdings LLC as a member.

If I...