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We own several rental properties with excellent ROI. These props are all under our personal name. Our combined taxable income was more than what the government considers as way above the threshold, therefore, we cann...
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Hi guys and gals,In the next month or so I'll be selling 2 flip properties- a single family and a 4 unit. I plan on opening a solo 401K to defer some taxes, but as I understand, annual contributions are capped at $50K...
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Hi All,Definite newbie question here as I'm just starting out my RE journey and taking a lose on my first purchased property.I purchase my condo in San Diego about 1 year ago and I just rented it out starting this Sep...
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I live in California and minimizing liability is the name of the game here because the state is so favorable to tenants, even when you go out of your way to do the right thing. So, I want to put a clause in my lease ...
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I currently own two homes free and clear, one short term rental that grossed 85k last year and our primary residence. I would like to pull the equity (or 80% of it) out of our primary and was wondering what my option...
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I have a property I purchased outright and I am going to resell(without making repairs), and it is held in my LLC. Does any BP member here have some input as to the best type of policy to get, and any Insurance provi...
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Hi all,I've been reading posts on BP for some time now and I'm hoping the community might be able to provide some suggestions. I'm in a bit of a tricky situation, my household annual combined joint income between my w...
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Hello! I am new to this site, I've been reading through many posts and this looks like a wonderful community that I'm glad to have found.I am interested in starting to invest in real estate flipping, but I am trying t...
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So I finally have decided it is time to at least take a long look at investing some of the money I've been saving up for investments...
Here is my situation:
39 years old living in sf/bay area.
Super stable job earn...