Marci Stein
When time is not on your side.
now that I am 55 y.o., i want to invest as smart as i can for the next 5 years . I admire all of you who got the message of accumuating wealth through R.E. when young. I have 2 SFH now that are good cash flow, paid i...
Johnny Self
What would you do? Pay house off or buy another?
Hello Everyone,In the next few months, I'll be in a unique position where I can potentially pay off my house. Let me provide some context to help you understand my situation.My GoalMy ultimate goal has always been to ...
Diana B.
TFSA or RRSPs?
Any Canadians here? I invest most of my money into my corporation for buying properties, so I have a lot of TFSA and RRSP contribution room. I do contribute a little to RRSPs, but I haven't seen the point in TFSAs....
Mike Reynolds
Capitol gains question
I have read some on capitol gains but the info I find is for married people not partnerships. Here is my particular situation. Myself and a friend want to build a spec house and we basically have a buyer lined up. ...
Chris Thomas
Where are you parking your cash right now??
Where are you putting your extra cash??? With the possibility of extra stimulus money flowing soon, increasing the amount of random cash floating around and tanking its value, where are you putting your money? Obvious...
Benjamin Richards
Expenses and deductions this year
I've used TurboTax to do my taxes for several years now. Once the property basis is entered it's very easy.I have six rental properties, and two of them showed a loss on paper for 2018. The portfolio is net profitable...
Gabe K.
Pasadena Success Story: Note Exit via Settlement
Our extensive research process resulted in a significant pay off this week. In September, 2015, we purchased a non-performing 2nd mortgage on a property in a desirable area of Pasadena, CA. The homeowner had not made ...
Conte Cuttino
Leave 66k in or sale for 107k
Hello guys
Reno got costly on this last BRRRR deal. I’m a Buy And Hold type of guy but the sale is calling me after running the numbers. FYI: If I keep I will be sidelined for 8-12 months until I can buy another deal...
Evan T. Ong
I'm really uncomfortable with how my future will turn out.
After reading Dan Sheek's book, First to a Million, I've learned so much about personal finance and I'm thinking about my future life decisions (I'm 15 as of this post). But my parents are disputing the options that I...
Jimmy Wilson
Solo 401K Questions
Hello everyone, I have been busy learning from these forums and decided that it was time to create my first post. I have questions regarding the Solo 401K and starting a small business. Here goes:
Where I a...