![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1351658/small_1621511560-avatar-charliem70.jpg?twic=v1/output=image&v=2)
- Any advice?
Hello everyone.
I'm a newbie on this forum and very interested in learning more.
I have 2 questions:
- Are you a full time real estate investor?
- If so, how do you get financing?
I am...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2344966/small_1646519928-avatar-robinevans.jpg?twic=v1/output=image&v=2)
Tax season! We bought a property in 2022, remodeled and sold it in 2023, over a year after the purchase. We did most of the rehab work ourselves. Will the profit be counted as self- employment income or long-term inve...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/186213/small_1621431803-avatar-outbreak.jpg?twic=v1/output=image&v=2)
I need to learn how to bookkeep. Until now, my real estate investing has been sloppy and amateur. I have three SFRs, two of which were my primary residences. I know I'm making money because there's money in the accoun...
I've been practically day trading in my 401K to reduce the losses from this mess, moving funds back and forth between stable value to stocks a few times a week. So far it has been working very well but one of my trade...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/303808/small_1621442993-avatar-markadouglasjr.jpg?twic=v1/output=image&v=2)
I'm thinking about what all I'd like to see come in with a rental app. Here's what I've got:- Copy of SS card and 1 alt. gov't issued ID (Driver's, passport, etc)- 4 weeks of paystubs, or most recent benefit letter s...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/129597/small_1694553808-avatar-mgjohn.jpg?twic=v1/output=image&v=2)
I am curious if the tax guys here think it is worthwhile to convert a SOLO 401K into a Roth of some form? If age matters I am 61. At this time I can contribute pre-tax dollars of roughly 23K a year into the SOLO. I us...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1059611/small_1621508233-avatar-aardrup3.jpg?twic=v1/output=image&v=2)
Hey everyone,
I am in the process of analyzing a potential deal. I have attached the link to the calculator below so you can take a look at the details.
I am wondering how the calculator is coming up with the NOI?...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/363925/small_1695061889-avatar-caitlind.jpg?twic=v1/output=image&v=2)
As a newer realtor I'm thinking about starting an llc or s-corp so I don't get burned as badly on self employment taxes. I am also getting ready to move and rent out my current house and purchase a new one. I'm trying...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/282491/small_1696598356-avatar-saidmatt.jpg?twic=v1/output=image&v=2)
I already have an LLC with a family member for Buy & Holds but we want to do a flip together. On the buy and hold, everything has been 50/50 on the cash in. However for the flip, one side is putting up all the m...