Rick Im
Tax deductions after refinaning a rental property
I have two questions regarding mortgage interest tax deductions.
First, last year, I purchased a HUD property at a significant discount and used a $70,000 HELOC from my primary residence for the down payment. I under...
Kory Sheldahl
Rules around self managing rental property in Hawaii
Looking for anyone who might know the rules and regs around self managing properties in Hawaii. I feel my plan might be bordering on what is allowed as a person self managing. I will try and explain the best I can and...
Jesse Wyatt
New Member In The North East Florida Area
Hello Friends! I am new to this site as well as Real Estate investing. I am trying to get leads for wholesaling and flipping in my immediate area (Ponte Vedra, St. Augustine, Jacksonville) so I can get my first deal u...
Account Closed
As investors, at what point can we deduct "Business" expenses?
Good Morning All!I now have 3 properties under my belt - all from 2018. I am testin for my Sales Agent License tomorrow and am constantly looking for ways to invest my growing my business. I'd like some simple guidanc...
Hugues Armand-Delille
Legal entities in Germany / berlin
Hi guys,Are there any specific legal structures recommended ? I heard from my accountant about a 2 level holding model.Anyone familiar with that?thanks!
Tim Ivory
Filing Taxes 2018 with LLC (Beginner Question)
Hi, guys! I still need to file taxes for 2018. I also have a new LLC but did not make any money this year. I remember reading that I can simply complete my normal tax form and that will also count toward my single mem...
Kyle McCane
Evaluating a realtor
Hi all, So I'm working on my network and had a chance to meet with a realtor today. He happens to be an old friend of mine that I hadn't seen in years. I'm still new to the REI world. I would be doing more fix and fl...
Joe Stout
HELOC Interest Only Payments
Good morning, wondering why my co-worker is paying $700 in interest only payments but has been told that he can't take out any money from his $130,000 Home Equity Line Of Credit (HELOC). Don't you only need to pay on ...
Noah Swope
Starting a Private Money loaning business.
Greetings,
My name is Noah, and I am interested in exploring the field of hard money lending. Unfortunately, I do not possess the personal capital required to fund loans myself. However, I have a valuable network of ...
Jerry Chou
entity structure and ways to expense business activities
Hi everyone,I'm new to BP and is trying to set up legal entities to start running rental property business. I did a couple studies but want to make sure I'm getting it correctly.For structuring the legal entities, it ...