Pam Smith
Schedule E - filing as non-passive income
Hi all-I was reading one of the blog posts on the Short Term Shop blog about Schedule E vs C, passive vs non-passive. In the blog, they reference, "According to Treasury regulations, vacation rental owners who rent th...
Jim Jopling
Work-out non-performing notes in a SDIRA?
I just listened to a presentation in which a lawyer (SDIRA expert) said that you cannot perform physical work on your own rental properties held by your self-directed IRA. This would be a prohibited / self-dealing tr...
Simmie Douglas
IRA real estate investing
I want to use my IRA to invest in real estate and possibly notes. Can anyone give me some direction as to where to start or recommend a custodian. Do's and don'ts? I am just beginning to explore this option.Thanks
Michael Elfant
Writing off real estate commission on your own deal?
Hi all -Tax question. If you are a licensed real estate agent and end up selling your own property, do you still get to write-off the real estate commission against your profit/loss on the sale?
Cole Simpson
What Investments Are You Learning About This 2022?
Commercial real estate is a fun world if you haven’t considered it. What investments are you learning about? What action steps are you taking?Would love to hear about your investment journey!
Devon Huff
Maintenance help in Buffalo!
Hi Everyone,I am a local Buffalo investor for the past 5 years or so, utilizing almost exclusively BRRR in the west side. New to BiggerPockets. I have been relying on a single contractor for all of my renovations, rep...
Kenneth G.
Self Directed IRA: what do i need to know?
Hello Everyone,
I am highly interested in applying some of 401k towards a self directed IRA. It seems like a good opportunity for me to get involved in real estate with out currently having a ton liquidity.
However...
Dan Becker
Legal/Tax Suggestions for Seller wanting to preserve step-up tax shield benefit
Hi All,I am looking for deal structure suggestions on a unique situation that involves a home held in trust.I have a seller who owns and rents out an SFR that has an FMV of $~2M. He and his wife hold it in a revocabl...
Steven Snyder
New Member in Allen, TX (Looking to invest in North Dallas)
Howdy from Allen, Texas! My name is Steven Snyder, and I'm currently starting down the path towards my first deal in real estate. I plan to focus on small multifamily (2-4) units in the North Dallas area with intere...
Bob Seiberling
Pre-Existing Management Contract
I'm purchasing a property in Starkville, MS, so that my child who's attending MSU will have a home to live in and I can rent out the other rooms to have an income generating property. I've got a contract on a 4 bedroo...