Okay.. I'm new but I've been reading a lot of posts. It seems everyone is trying to get their involvement in their rental income business to be "actively Participating" so they can get the QBI deduction, but I've al...
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I got an interesting question from a 25 Year Old the other day and I thought I would post the topic here to see what others thought of my advice and what I got right /wrong.My first thought after hearing the question ...
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Hello,
I believe someone else might have gone this and hence might be able to provide me some help in tax filing information at airbnb.
Few months back bought property at Florida and have been renting it out via a...
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Hello my fellow BP friends,So I am considering doing a HELOC to make about $60k available toward a rental property. The rate on the loan is hovering around 5.6% and I am thinking to use this entirely as a down-paymen...
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Hello, While majority of the people on BP are always championing cash flow, I beg to differ the strategy while thinking long term. I am curious on what other people think of it. Currently I am taxed at 35% of my incom...
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Hello, my name is Amil. This is my second post in the "Starting Out" Forum so I will keep it short and sweet. I am 25 years old and from New Jersey. I have a W2 job as a Project Engineer and I have a background in Con...
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I am currently looking to get to the point of having 50,000 a month coming in. My strategy has been buying fixer uppers paying cash for them and doing the work myself.
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Thanks for reading my post. My wife and I are finally in a position to cash out on our equity and continue on to the next investment opportunity. We basically did a live in flip without knowing we we're doing it. We c...
i am 61 year old retired for 3 years just starting to learn to invest in real estate. should i take money out of my old 401k tobuy property or put in a self direct 401 to buy property?
You buy your first rental property and you have lots of equity to buy another, but you discover that your write-offs on the first property have lowered your income so much that no mainstream lending institution will l...