Madhuri Arora
New to Real Estate Investing
Hello All,I made a decision to enter real estate investing world. I have been reading blogs, listening to podcasts and have read few books on real estate investing. I want to start out with flipping houses and then w...
Kyle Brinks
Advantages of starting a mgmt company to manage my own properties
I have been doing my taxes this year and I came to this realization, currently I only own investments that I self manage, not a property management business. Right now I own a LLC for holding assets and a separate LLC...
Paul Gottshall
Sale of Self-directed IRA property
We're looking to use self-directed IRA money as a down-payment on a quad, with 28% cash-on-cash return, so are pretty excited about it. I may not be thinking clearly, but eventually think we'll want to pull it out of...
Nicole Sun
Is Private Lending Income treated as passive or active by IRS?
I have done PL lending inside of Roth IRA. Now want to branch out to my personal fund outside of Roth. A quick tax question - is the income from PL treated as passive or active in the eyes of IRS? Thanks for any insig...
David Rogers
Time For a New 203k Lender?
Hello Biggerpockets,I'm in the process of closing on a duplex in Cleveland and am starting to think I picked the wrong lender. I have been asking for details on money down, closing costs, interest rate, etc. and have ...
Daniel Dietz
Contribution Limits for Solo401k & IRAs ?
This is more of a tax questions that real estate, but the funds would then be investing in real estate.My plan is to set up a Solo401k before the end of the year, but have a few questions during the planning phase bef...
Mindy Jensen
Is North Carolina a non-recourse state?
A friend bought a piece of land at the height of the market. It is now worth almost nothing. He would like to have this monkey off his back, but doesn't know how to proceed.It is mortgaged, and he would like to simply...
Matt Smith
Need Tax professional - W2 employee with 1 LTR and 1 STR
My fiance and I bought our first STR last year and rented on AirBNB/VRBO throughout the year. We are both W2 employees so we should be pretty simple.We bought the STR as a vacation home and do go sometimes ourselves ...
Shriraj Shah
Tax benefit comparison - direct purchase vs syndication
I am trying to analyze whether to purchase an investment rental property in a SFH/MFH on a turnkey basis or via a real estate syndication. Can someone help understand pros and cons from the tax perspective for the sa...
CJ M.
Why not take secured EIDL?
I've been approved for a pretty sizable secured loan. I read the terms, spoke with seasoned investors, and spoke with SBA. Unless I'm missing something, it seems that taking this loan is a no brainer. What am I missin...