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Results (1211)
Account Closed Decorating a house flip
9 January 2017 | 10 replies

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...

Linda S. Traditional IRA or mutual/index funds first?
17 May 2013 | 12 replies

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?

Account Closed Married, LLC, SE tax?
17 September 2017 | 10 replies

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

Jacob Horan Should I wait to create an LLC if
30 January 2017 | 5 replies

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...

Jeff Schulze New to Forum Greenville, SC
7 April 2015 | 15 replies

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...

Michael Truong Socal Wholesale/Rehab Help
7 November 2016 | 14 replies

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...

Maria D'Aura 1031 rental to a 2 unit property and live in one?
3 July 2020 | 5 replies

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...

DP Patel Go or No-Go Decision for SFH with Recent Shooting News
19 August 2014 | 12 replies

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...

Jesse Turner Why bother with a Self Directed ROTH?
22 January 2018 | 5 replies

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...

Kelly G. Tax Q: do I need to calculate/pay recapture depreciation?
16 April 2024 | 7 replies

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...