William Coet
Capital Gains and 1031 Exhcanges For Limited Partners
Hello,
Below is the proposed return for a syndication. The first chart shows the estimated return on a 100k investment where 100k becomes 193k
A couple of questions:
1. If a limited partner is in a tax bracket (ea...
Mitch Kronowit
How much CASH FLOW can $40k buy?
Good evening all,
For those of you familiar with my approach, you already know I'm interested in holding onto property long-term for the appreciation potential. However, my wife and I are willing to take a good hard ...
Alex Johnson
Offering Rent Concessions For A Good Tenant?
I had previously posted about this but I believe people misinterpreted what I meant and then it fell down the chain of posts. If you get a vetted, high quality tenant that is likely to be a safe bet to make money, wo...
Joseph Murphy
Rental Refinancing Strategies / Baby-steps RE Investing
First post.. here it goes.
My wife and I own a townhome that was originally purchased as a private residence. Of the 14 years that we've owned the property, we've rented it for almost 11 with only 5 or 6 months of v...
Krista Roodzant
How to factor in the depreciation and losses into your ROI
Maybe this has been posted before, but I'm not finding it. After speaking with our accountant, it seems like we need to be accumulating a portfolio to help offset the W-2 earnings. How do you calculate the depreciati...
Ben Whittaker
My own trust as private lender to my LLC?
Hi all, will try to keep this as short as possible for everyone's benefit!I live in Australia and earn a good salary that has me into the 37% tax bracket.I invest in property in the US via an LLC, of which I am the on...
Rick S.
Tenant Prospect
I have a tenant prospect (family of 4) that need to rent my place out for 8 months because renovating their current home. After the 8 month term, the lease will go month to month until they move out.
During the sc...
Audrey Cranmer Moini
What is the Best Way to us your 401k to buy a Home?
Okay, so I am running into an issue right now. I have plenty of money to buy a home but it's locked up in a 401k with an employer I don't work with.
I want to find a way to not have loose 40% for taking it out before...
Anna Stolpe
Depreciation can not be deducted?
Hi BP community! I just talked to a financial planner/CPA and she said that depreciation of a rental property can not be written off as a deduction if your household income exceeds 150K. I could not find any proof of ...
Richard Hadley
Infinite Banking Concept
I'm throwing a question out about how to get started in the infinite banking concept and the ability to leverage one of my properties to get started, does anyone have any experience in doing this? And the other quest...