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Results (1239)
Bola A. Bank or mortgage broker?
3 December 2017 | 5 replies

Hello BP,

With a good credit, Is it better for me to go to the back for financing or through mortgage broker? Thanks.

Bill Briscoe Meals Tax deductions at 50% or 100%
17 September 2013 | 18 replies

Which deduction do most rehabbers use when providing water, snacks, pizza, beer, etc for their work crews (family, friends, etc) on the jobsite?

I had always used the 50% deduction in other businesses, but ac...

Parker T. Tax Tradeoffs to RE in sheltered account
4 March 2014 | 9 replies

All,

Correct me if I'm wrong, but if a property is completely owned inside a tax advantaged account (SD IRA or 401k) then we are unable to take full advantage of tax benefits to real estate investors, correct...

Dmitriy Fomichenko Getting in trouble with self-directed IRA?
14 March 2021 | 17 replies

One of CPAs we work with sent me their client who have gotten themselves in some trouble with their self-directed IRA.
The client opened self-directed IRA with IRA Resources Trust Company. Then he created an LLC wit...

John Shiraef Chattanooga boy...just getting his feet wet
26 April 2009 | 8 replies

Hello Everyone! Man oh man am I glad I found this place! Kudos to Mr Dorkin for making this thing happen. After sifting through all the crap that is out there on the web I can't tell you how refreshing it is to fin...

Aaron Simpkins Vested Roth 401k questions
13 March 2019 | 9 replies

BP CPA's, I have a question.  I have a fully vested Roth 401K from a place I no longer work at.  I want to leverage this Roth into my real estate investments but I am still unsure of how to fully take advantage of tha...

Maiko Miyake Could LLC harm the chance of getting mortgage?
3 January 2007 | 10 replies

I was just talking to a CPA about setting up an LLC to hold my investment property. He cautioned me of this approach (although he thinks it makes sense from asset protection stand point) lenders may not give me mortg...

Michael Sweet STR in Maui or Hawaii - anyone cash flow positive
3 January 2020 | 16 replies

Anyone making money on vacation rentals in Kihei or Hawaii?
any tips? location? condo complex? is it possible to run 4 or 5 as a job?tI would like to buy, rehab, furnish, and run enough to make a living?so far I only...

Marc Weisi Side Hustle Question: Home Inspector or RE Agent?
6 January 2021 | 16 replies

Fellow BPers,I'm currently debating which role to pursue on a part-time basis: home inspector or real estate agent? A bit of background--I'm a relatively new investor (2 years and 3 properties/deals now under my belt)...

Kenneth C. Where do I go from here? (Looking for a little guidance)
14 September 2017 | 10 replies

Hello BP,I'm at a point where I feel as if I'm hitting a wall with regard to finding a property and closing the deal. I've gone to multiple auctions (Philadelphia Sheriff's Sale), inquired of vacant/distressed propert...