Hello,Where would you guys invest $500 a month into? I was thinking of getting me a whole life insurance policy that builds cash value, but then i was thinking if i should put that money into a ROTH IRA?I would love s...
Hey BP community!
I’ve been working with a lot of investors who are split between going the fix-and-flip route or holding properties for rental income. Each strategy seems to have its pros and cons, and I’m curious w...
Hello community,I have researching on benefits of long-term rental, and a bit stuck on requirements to be full time real estate professional (the 700 hours) if one has to be able to take tax advantages. If I cannot ge...
Hello Bigger Pockets Forum!
My husband is active duty military. We're both Florida residents and bought our single-family primary residence in 2021 in San Diego, CA with a VA loan. We're scheduled to move to Japan fo...
I've read a lot about how depreciation helps when you own a small apartment complex. How does depreciation work when you are a passive investor in a syndication? Do passive investor get the benefit of yearly depreciat...
Hello, my wife and I are about 10 years from retirement from our full-time jobs. Our real estate goal is buy-and-hold rentals to provide partial income replacement upon retirement.We currently live in a SFH with good...
Hi Folks, My business partner and I now have 3 rental properties in both of our names. We have read on numerous occasions that the best thing to do is form an LLC together and transfer the properties into it to mitiga...
Hello all,I bought a house for $300k and lived there for 4 years. During the time, I bought about $5k for tools and materials (with receipts) and upgraded the house myself (that would cost $20k if hiring contractor). ...
I hear people often say that real estate is treated more advantageously from a tax perspective than other businesses. I frequently hear people say something along the lines of "I get 15% rate of return, and that's no...
I'm almost done with my FIRST FLIP in Sarasota, FL (and projected to make $20k net profit!), and was just presented with a great BRRRR deal in an opportunity zone in Bradenton, which got me to looking further into the...