Brandon Miquelon
Checking Address registration?
This is my 1st post in the forum, so this might be a dumb question. I recently bought an old multi-unit property in southwest denver that needs a LOT of work. I need to request new service from Xcel Energy to pull de...
Account Closed
Thinking through company structure for tax reduction
Good morning, BiggerPockets!
First, let me save you the trouble: you are not my attorney nor my CPA and any advice given is for educational purposes only!
Second, thank you for taking the time to respond. The shari...
Kevin Kim
Primary Home Keep as rental or Sell to avoid future tax
Hello
I will be purchasing new primary home and keep my current primary home as rental or not due to the tax benefit.
Home location: East Bay, CA
Capital Gain: around $200,000 (Purchased 2018 and lived 3 yrs as pr...
Marcus Wright
HouseHack, Rent, Condo or Stay still.
I’ve been question it for a few years now. Would it make sense to rent a condo and rent out the home I’ve lived in for 6 years or just stay in it since where I live owning is much cheaper than renting. My mortgage is ...
Madylen Barberan
Financing - How do you get financing for Renovations?
I am just a couple weeks into my REI journey and I am learning a lot! I am a bit confused on when it comes to the financing on BRRRR or fix and flips. How does one get the financing for the renovation costs? Is that f...
Nathan Gesner
Hiring children for tax savings
I'm just learning about hiring my children and the tax benefits. I think I understand how to do it, but am confused on one point. I'm reading online that we can hire a child up to the age of 22 but my CPA said 18. Can...
Chris Orme
BRRR calculator help
New to this, and feel like I'm getting grasp of the BRRRR strategy.
However, in using the BRRRR calculator here, I am confused about something. When figuring holding costs, I feel like it doesn't take into account t...
Nghi Le
Partnerships Without Headaches
I want to do a partnership with a few people, but I hate complicating things, especially as a new investor who's already overwhelmed and working a full-time job.I've been recommended to have a contract on the side to ...
Chris K.
Property assessment
Do you use a property assessment form when looking at a home you're considering flipping?
Tighe Dudeck
FHA 203K loan > Refinance
Hey Everybody,This is my first post here, but I've been a longtime follower of bigger pockets. I am currently looking at a duplex and acquiring it with a FHA 203k loan. It is a property that definitely needs a lot of ...