Clickbait title, sorry. I don't have a list. I was hoping to compile one with the help of the community. If you just want to contribute one that you hear frequently and what you do to overcome it, we will create a ...
On a wholesale deal. $50k total sale, $11k profit. Double close process. 1099S form says $50k gross proceeds. Is wholesaler responsible for taxes on the whole 50k even though $11k was all they received???Or should thi...
Hey BP community, I am brand new to Real Estate. I have started reading/learning as much as I can in the past month. I still have a lot more knowledge to gather but am excited about the process. There are two people i...
I know I should just ask a syndication attorney or CPA but I am wondering if anyone here has done this before - been able to set up a syndication in such a way that distributions can be reinvested into a deal?Let me c...
Hi all, I have income that comes in from the highest tax bracket possible (over $1mm a year). I do have a strong CPA but was curious if anyone has any tips on things to look into that I might be able to do before the ...
Hello BP Community - relatively new to the forum, and had an SDIRA question - did I post this in the right place?Trying to make sure I understand what owning a piece of real estate in an SDIRA looks like.....Can anyon...
I am looking at buying a property for 165000. It rents for 1500 per month. Clearly misses the mark on the 1% rule. But from what I can figure it has a cap rate of 7.11%. The cap rate seems good but the it misses on...
Would keeping my Roth IRA money in the market make more or less than taking it out and investing in rental properties (selling and buying more with 10-31 exchanges) until retirement age. I’m 31 now and I know this all...
Hi all! My fiance and I have been listening A LOT to the podcast. One of the main takeaways we learned is "owning a home to live in is not an investment, it is a luxury." A little background... we live in Orange Count...
Hey all, I just joined BP the other day as I've been looking for some info on REI. I've got about $40k in mutual funds (non IRA so I wouldn't have to pay penalties to withdrawal, maybe just capital gains) that I coul...