Hi BP Community, My mom wants to sell her house, and it is a pretty sought after town in my area (Blue Bell, PA). I am 23, live elsewhere and rent-free, and am looking to get started with REI, but by house hacking in ...
Ultimately, my goal is to be a full time investor, but I currently have a gvt job with good health insurance benefits and three young kids and a wife. It's not directly related to RE, but I am curious what others who ...
Good Evening Everybody,Does anybody know what are the tax implications if you are making a down payment from your SDIRA on a property that is partially financed with debt?For example the loan on the property is issued...
Last Friday, the Treasury released their Proposed Regulations [REG-115420-18] on Opportunity Zones - possibly the best tax shelter created, ever! At Marcum, we are hard at work putting together insights as we peruse t...
I know this is a very basic question, but I've read quite bit about real estate investing and taxes at this point and haven't seen it clearly stated. Since the LLC is a passthrough entity, do the business expenses (pl...
I lent $30,000 from my LLC on a property. I then later lent $15000 in 2nd position from my IRA on the same property. I had to foreclose, and choose to foreclose with the LLC. The 30k plus back payments added up to ...
Disclaimer: I do not have a Pro membership so I am not familiar will all of the current benefits of that upgrade. Some of the most common questions I see in the forums are related to rent collection and property manag...
For all you veteran ComREI's, I've seen PNL's that have included Capital Improvements (although, they were not categorized under Expenses, they were a Sub-category of Other Costs)....so the question is, to include or ...
Hello. I am a newbie investor and I was debating on using my VA loan for my first investment property. Is there anyone on here at bigger pockets that are veterans that has some experience in using their VA loan for in...
One author recommends replacing the roof on houses that you are going to BRRRR. The logic behind this is that the appraiser will give more value to the home and you have just affectively financed a new roof. If that h...