My wife and I are realty agents, and we are in our first year. Up until now, we have been employed by companies that provided W-2s. I am doing what I can to keep track of our finances and tax obligations, but we are l...
When using a self directed IRA as a down payment on a rental property, I'm understanding that any cash flow can't be touched for personal use (if that's not the case please chime in). What happens then if you wanted t...
Would anyone have more information on how to use a 401k for investing? I've read in the past you could use it for downpayment with less tax implications. Is that true? In general, has anyone had experience using their...
I'm ready to invest in the CTREIA coaching program. It seems like a very beneficial program for someone like me who's new to real estate investing. It's a large financial investment; hence I'm performing my due dili...
TL;DR. I am looking for advice on how I can take appropriate action to warn future landlords and LPs about a deceptive and destructive executive-level tenant who is also a GP on real estate deals.
I rented a fully f...
Hello BiggerPockets community,
I'm in a pretty unique situation right now, and I’d appreciate some guidance. Unfortunately, I lost both my father and a close mentor within the past six weeks, and each left me signifi...
Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
You have to take this post with a grain of salt but I have a lot of people that ask me where I buy and where I don't buy.
For the most part, I invest in Red states, meaning states that tend to vote for Republican can...