Lear R.
How to Account for Subject To
This is an accounting question, how would you do the accounting for a property acquired in a subject to transaction? How would you account for the monthly mortgage payment. Would you create a short/long term debt? How...
Account Closed
New Real Estate Investors – You’re Gong To Spend Time or You’re Gong To Spend Money
Don’t you hate being lied to? I hate it when some “guru” claims
“No Cost, Zero Down, No Risk, But wait there’s more, we’ll tell you (on video or zoom) how to do this for only $xx,xxx. “ and the “community” will save...
Account Closed
Leaving Your W2 Job to Pursue RE Full Time
Hey Guys. Long time lurker, first time poster. This is defiantly going to vary from person to person, but when did you all feel it was the right time to pursue real estate investing full time, and leave your salaried ...
Marty Summers
Anyone ever cash in their 401ks to buy real estate?
I built a sizable real estate portfolio cash flowing about 5100 a month. I want to know if anyone in here ever cashed in their IRA/401k's--- took the penalty and invested in real estate cash flow?
Tyson Scheutze
Double A-Frame Home with Infinity Pool Remodels on the Way to Investing Basics
Renovations and dispositions before the financial world fell apart…
As my partner and I both realized we didn’t have a lot of interest in running the operations of our real estate investment company, we began the pro...
Ryan Marchand
Professional Deal Analysis - Impact of Prepaids on CCR, Proformas
Situation:We're acquiring properties at a steady rate (2-4 per month) and I'm looking to improve our cash management. The ultimate goal is to reduce the likelihood of capital calls, while at the same time streamlining...
Tyler Bilinovic
How important is getting an account for tax purposes when entering long term rentals
I have just acquired my first two long term rental properties this year and am looking to take advantage of the tax benefits. How important is it to get with CPA to assist with tax benefits. I have spoke with my paren...
Natalie Wells
Investing with your 401k
We have a decent amount of money in my husband's 401k (around 100k, maybe a little more). My question is, have any of you taken money out of your 401k and taken the tax hit (which I believe is around 25-30%, possibly ...
Lance Conyers
Investing with 401k. Using a partner.
Hello BP community,I am an experienced house renovator with no experience in flipping houses. Let me explain. Ive been in home construction, remolding and maintenance all my life. I worked as a commercial maintenance ...
Stephen Benson
401k real estate investing
Anybody have any references were I can look into more information about using your 401k to investing in real estate?