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I have a unique situation with an inherited IRA from a sibling that passed a few years ago. I could potentially purchase 3-4 units (down payments) with funds from this account over the next few years still leaving a g...
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Hi everyone,I graduated from university about 9 months ago and had began working in the corporate world. I earn about $68K per year right now and I am single. My company do 401K with cash balance formula, which it mat...
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Hello!Finally introducing myself after 6 months of learning with the BP Community. What a GREAT place to learn! and man, some of you are SOOO young! LOVE the energy!Perhaps I can show you what a 62 year old grandmothe...
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Hello, i am venturing into the flipping side of realestate and have already submitted offers to buy couple single family homes to rehab. I don't plan on flipping to be a full time job but anticipate doing 2-3 flips a ...
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Hi fellow RE investors,
I am trying to finish my taxes for 2011 .. The same question that hunts me every year raised its ugly head once again.
Issue #1:
I have two times of expenses, routine maintenance that sometim...
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I'm not sure if this is the right forum category for this question, but it seemed most appropriate.I'd like to start a college savings plan for my son and I'm curious if a 529 plan or a ROTH IRA is a better choice. I ...
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Someone I know bought a property in the 70s to use as a second home. They did this and then turned it in to a rental, self-managed, after a number of years. They never took depreciation on the property for whatever re...
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I have the opportunity to close on our first four-plex tomorrow! When is the right time or is there a minimum amount of time I need to consider before a refinance and cash out to invest in next property. Our goal is 2...
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We're at a crossroads of what to do and seek advise from experts both in the investing and financial areas. Here's our situation...Our Home is worth $450K (according to comps provided by our RE agent). We own the hous...
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Why don’t I purchase a house under my LLC then overtime sell it to my personal retirement IRA at a discounted rate. Or if that’s not allowed sell it to a friend who will then sell it to my personal IRA at a discounted...