hello~ seeking guidance regarding "start up" deductionsOur 1st rental was in service April 1st 2014. We spent OVER 5k to prepare the home to be rented.  These funds include things like utilities, materials for plaster...

New investor here. My question relates to how to structure an equity partnership that is separate from our existing partnership income without opening a new taxable entity. For example, My LLC wants to do a deal with ...

When it comes down to the magic number for people planning for financially independent, it seems that they will work backward down to cash flow vehicle to get there. For example, if you want 10k/month, then it means y...

Anyone know of a good tax planner or CPA that I can best figure out my plan going forward.  Our AGI is very important as it not only affects our tax hit, it also determines our student loan payments.  I have a busines...

I am going to buy my first property over the summer with an FHA, and plan to ideally house-hack a duplex, as there's quite a few in my target area. I'm running into some problems with my analyzes, however, because I'l...

3-Flat 2bd Apt, 2bd Apt, and 5bd 2 kitchen (I live in master bedroom) lease rooms separately 1yr at time, $40K income everyone has access to common area of main unit like a boarding house.  Want to 1031 Exchange with ...

Which makes better sense, have commissions, fees, etc. added to the loan or pay them outright to have a lower mortgage? What are the pros and cons?

Thanks.

Hi Bigger Pocket Community, my name is Warner, located in Kansas City, MO. I'm 25 and my current profession is an Account Manager at VMLY&R (Advertising Agency). I've always been fascinated with building wealth an...

Are HELOC's a viable way of generating income, wealth, good start to investing? Has anyone experienced going through the process of a HELOC? What do I need to know before I start the process? 

Hi, new to the forums here. I just found this website. I am planning on getting into the property rental business. I just bought my own home and had to pay 500$ for an inspection. That is going to get very expensive f...