Hello BP,Can someone help explain why self-directed IRA’s are subject to UBIT tax on non-recourse loans but a solo 401k is not? I understand that the 401k is considered a “qualified plan” but, in my eyes they both hav...

Hello New to Real Estate- 100's of podcasts in and excited to take action. So this post is July 2022. Hi my name is Jacob. My fiance and I live in Austin, TX. We want to find a multi-family to live in one side and ren...

Does anyone know if you can pull money out of the stock market to buy a real estate investment property and avoid capital gains taxes, similar to a 1031 exchange?

 Could I buy my 1st investment as a secondary home instead of buying as an investment using 25% down payment? Currently own a primary single family home. I asked this question to a lender before but, was  told I would...

Hello Bigger Pockets community!     After reviewing many articles, books, podcasts and the like, investing in multifamily real estate seems to have sparked my interest. However, I am still unclear as to how exactly it...

Ok, so this may be a long lead up, but I'm explaining the whole strategy here. I posted yesterday another topic asking about how cool banks are with letting your primary house sit vacant for 1 year, then using it as a...

Hi all, Me and my wife live in our SFH full time for the past year. In the upcoming year, we are getting roommates to help with expenses while continuing occupying as primary residence. We have ~400k in gains after im...

Question: My 94-year-old father-in-law in Law is very well-balanced in assets . He has a home in WNY that is owned and was a marital primary residence until the demise of his wife. Now, if he were to sell he would owe...

My father is getting toward retirement and is looking at selling one of his businesses he is a partner in. Once the business is sold could he take his share and use that in a 1031 to purchase a vacation/second home? I...

i don't see anywhere in the IRS code that states that the QI needs to be anyone in particular.  It just can NOT be a relative,  or your accountant, realtor, etc.I was just quoted a $1200 price for a 1031 exchange prof...