Hey BP,Reaching out to get some advice from a tax strategy standpoint. I currently have 13 units and am looking to aggressively grow my business over these next couple years. I have one property that was a complete fa...
Does anyone have thoughts on pulling funds from 401k to start investing? After being on BP for a few weeks now im ready to start investing. I dont have enough reserves for a down payment. Any advise would ne greatly a...
Hey everyone,We’ve grown out our current home and are under contract on a new more spacious home. My current home would rent for about 1900-2000, but my mortgage is 1850 a month (15 year loan @2.75). There wouldn’t be...
Might be a stupid question but - is Cash Flow Taxed? I've heard some people say that cash flow goes "straight to your pocket and it's all yours" and others say don't forget you pay taxes on it. Well, which one is it? ...
I’ve begun my real estate investing journey, in large part motivated by the birth of our son who in October 2021, who was born with Down syndrome. Not knowing, what his professional or employment prospects will be as ...
We live on 35 acres, and purchased 10 acres of it (unimproved pasture) with a self-directed IRA. If we wanted to put a rental property in that IRA, could we then pull the pasture land out without tax consequences?
Hi,I am considering selling my rental property which I purchased for $380k 10 years ago and currently has a market value of $310k. I am married with combined yearly income of $150k+ . I have 2 questions:1) Are 1031...
Hello from Boise, Idaho. My name is Brad Allison. I am new to this whole real estate arena and I am very interested in increasing my knowledge and diving in to the investing side. I currently have a full time job in...
Here is what my EIDL documents say and I would like to discuss some points here:Borrower will not sell or transfer any collateral (except normal inventory turnover in the ordinary course ofbusiness) described in the "...
First, let me take the opportunity to thank the BP community for the incredible (free) education I am receiving.
I have a question on the payouts from crowdfunding opportunities. How is that income taxed? It may ve...