Robert Karnes
Self-Directed IRA to purchase Short Term Rental with Arbitrage
Hi All,I am looking at making a purchase of a vacation rental with my SDIRA. I have had long term rentals held this way and I am pretty familiar with the basic rules related to performing work, UBIT, etc.To set it up ...
Jay Pillalamarri
Need to show 250K loss. Strategies?
I'm doing tax planning for the next year. Looking for strategic guidance from an investments standpoint (of course I'll work with my CPA on the details)-
1. My individual taxable income in 2021 (after all deductions)...
Craig Lessler
Airbnb - Active or Passive - Deductibility of Losses Schedule C
I have a long term rental (SFR) which I converted to an Airbnb in October 2019. My property manager is acting as the host and we have already had multiple bookings.
Questions:
1. Is the Airbnb considered "Active" ...
Nathan Frost
Interest Only DSCR
Can someone explain to me how DSCR works and why it would be better to do interest only payments vs a 30 year mortgage on an investment property?Seems the interest only quotes are still high and not worth it.
Andrey Y.
Would you contribute to a 401k or TSP without employer matching?
This question is for military and non-military. I have recently started a traditional 401k with a small chunk of my W-2 income contributing. I am active duty military, so there won't be an employer match. I (most like...
Eddie Werner
A different way to look at "retirement" and how to get there
I wanted to look at this topic a little differently then previous posters. It seems that everyone pushes the 401k save for your "old" self when you hit 62 mindset. This is assuming you want to "work" until you are ...
Bryan Hancock
Jobs Are Back!
Jobs are back and the economy is recovering. How do you spin this doom and gloomers?
Jobs Are Back! Recovery Abounds
Michael Faudoa
Looking for someone to connect with
Hello BP members,I will be moving to San Diego in 2 weeks to attend SDSU to continue my education on real estate. However, I feel completely stuck. I am looking for someone in the area that I can talk with about real ...
Skip Gilliam
Dividend investing vs real estate investing
I have yet to invest in any real estate, I'm still looking and learning before I buy. However my wife and I have all of our retirement investments in stock roughly $800,000 give or take a few $ which is generating aro...
James You
Newbie from Los Angeles ready to start REI
Hello everyone! My name is James (Kee June), and I'm from Los Angeles. I've been working in the government field doing sales/marketing and promoting trades for the past 13 years. "Rich Dad, Poor Dad" by Robert Kiyo...