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Strategy Questions:I work as an 1099 for my "real job". I have an LLC and it is taxed as an S-Corp. I have recently stopped contributing to my 401K to use the money to save for real estate. But....I've been thinkin...
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Good day everyone. A bit about myself... I'm a carpenter/GC. Thanks to an inheritance, I'm now in a position to get into rehabs, something I've wanted to do for many years. I've spent the last few weeks getting an edu...
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Which companies do you use for your self-directed IRAs containing rental properties. I know they all have different fee structures, and it seems like this is the major difference between them all.I am 30 years old an...
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Exactly what is the definition of a Millionaire?Net worth, but does that include the net worth you have in your primary residence, or is that excluded?What are the thoughts of our experts?
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Hey BP!I wanted to get some insight and advice from the BP community.I’ve decided to get started with investing (finally),however, I’m am stuck with the analysis paralyses.I’ve chosen my geographical location to be th...
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I am interested to know what you do for Health Insurance after you left your W2 income to go full time in REI? I am wanting to plan for the future, since my goal is to be full time in 2 or 3 years. I have the option o...
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Hi Everyone,Although perhaps taboo nowadays, I started gaining interest in real estate buy and hold transactions via Morris Invest. My goal was to utilize my current (non-performing) asset to kick-start a strategy fo...
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I have been toiling over investing in DST 1031 Exchange vs cashing out by paying capital gains. I have read many DST PPM's and have come to conclusion the Sponsors are the only one that can reliably profit from these ...
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Hi I'm pretty sure I'm an idiot, but I'm getting slapped hard for it (again!)... I always thought that depreciating your property (and getting a tax write off for it) was permanent... So, a few years ago when I had a ...
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Hello Everyone!I saw this article last night and I was wondering how many of you feel the same? They seem to be all over the place, which is probably a good thing! It looks like some of the older investment cities hav...