Daniel Hart
I lent money, foreclosed on property, am reselling, what is my gain?
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 ...
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Question about paying taxes on the sale of a home!
Hi,
I'm pretty new to this. I'm just starting the process of selling my first home (which my husband already owned when we met so I had no part in buying it either). So I have to admit that I don't know much at all. ...
Bryan Hancock
Salary/Dividend Split - How Does It Impact Social Security Eligibility?
If one sets up a LLC and takes a salary/dividend split via their LLC does all of the money get counted to determine eligibility to continue to receive social security payments? Or....does just the salary portion get ...
What’s the best way to build wealth in 2024? For many, it’s “value-add” real estate investing. You might know what this is, but you may have never heard the term before. Value-add investing is when you buy investment ...
On today’s episode of The BiggerPockets Podcast, Josh and Brandon sit down with Bill Powers, a real estate investor from the Chicago suburbs, to learn how he went from zero to over 70 units in five years while focusin...
Joshua Levine
Investing for cash flow- Cap Rates the 'end all- be all?
Good afternoon all. First time investing and I'm curious your thoughts on this. If you are an investor that's main focus is cash flow, why not simply find the highest cap rate you can find and invest in those proper...
Logan M.
Communism and Capitilism
Yesterday, I posted about how we can solve affordable housing in America.I had over 80 responses and the conversation got very political, which was not entirely a surprise.My question though is what economic model is ...
Jared K.
Sharing a resource I found. A way to separate water meters by submetering them yourself and increase your value!!!
Hello BP!! There is probably already a post on this but wanted to share it.I was doing some research online in response to another BP question and found several resources to assist apartment building owners that have ...
It’s easy to get caught up in the world of residential real estate investing. Maybe buy a single-family buy-and-hold deal, or try and flip a house, or why not BRRRR? But, residential real estate comes with many challe...
Timothy W.
Sarah Palin Resigns as Governor
No not because she had an affair, but because she's focusing full time on a Presidential run in 2012. She's burned her ships. There's something you need to understand about a woman like Sarah. When a woman like her ...