is it a good or a bad idea, to decorate a house flip. Say I can get all the furniture and lights and decor for free. Will that make any profit or decrease value. Ignore my idea of its bad but I make minimum wage and c...
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Let's say one has savings in both their traditional IRA and mutual/index funds. Which one should they tap into first to fund their investment properties?
I want to establish an llc with my wife. We will be equal partners. We live in Oklahoma and file a joint return.
How do we set this up to avoid paying self employment tax on the rental llc return?
Thanks
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Hello bigger pockets members, I have a quick question. I am wrapping a deal up on my first multiplex , it is a five plex that I will be converting to a four . My question is I am a little behind on creating my llc , m...
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Hi Everyone,
I've been lurking the forum for the past three months, simply absorbing knowledge from this great site.
I have four rent & holds under my belt. I'm looking to double down if you will over the next t...
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Hi Socal Investors,I came across a distressed/vacant home while driving for dollars in the southern California (socal), Los angeles county area. I was able get a hold of the owner and he is interested in selling. Howe...
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Can someone educate me on the guidelines and help me determine if this option is possible? I'm looking to understand what the determining factors are to decide if it fits a 1031.I'm selling a rental condo to 1031 exch...
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BP Gurus,There is this property in Corinth, TX, which I have it “Under Contract”. Yesterday, I have completed the home inspection and everything looks great on that, with minor repair. My strategy is “Buy-and-Hold” fo...
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I'm trying to wrap my mind around this option. Here is the scenario: I have a Roth (and it's an absolute DOG by the way) and I want to move it into REI. I've been reading other post asking about moving 401k funds to s...
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Hey - I thought I was in the clear - but perhaps not (was about to file my taxes . . ). here's the shortest version on my situation:1) bought a house for mom in 2005 - she lived there til 2011 (not nearly long enoug...