Chris K.
Tax Advantage for using HELOC on Investment property
So, I scoured the forms, and I couldn't find anything on this. I would appreciate any thoughts you guys could share.
My thesis is: for certain individuals interested in buy and hold, it could make more financial ...
Okey Anebere
Tax advantage of my own property management company
I am researching the tax advantages of started my own property management company to manage my rentals. My current plan is to create it as a LLC taxed as a S-corp and pay the company a management fee to manage my long...
Meghan McCallum
New Member Tips to Success-A Significant Advantage
Hey guys,I wanted to start this post to give you a few tips to getting connected here on BP. I have so many people reach out to connect. As a full-time investor I often get requests to connect here on BP. I'm happy to...
Kevin Franklin
Which Is More Advantageous, an LLC or LLP?
Hi,
My business partner and I have decided to flip our first house. I've Googled the difference but would like some input on what we should be considering when deciding on an LLC vs LLP. FYI, if all goes well, we p...
Bryan Hancock
Strategies For Managing Tax-Advantaged "Buckets" Versus Cash
I am assuming many folks on the forum take advantage of tax-advantaged accounts and thus they have to manage what "buckets" to fund when trying to grow their money. Defined contribution plans are pretty popular for t...
Sasha Fukuda
Am i being taken advantage of with insurance?
So, i bought a triplex in Keene, NH in March of this year. This is my first property, so it's all very new to me. My insurance agent gave me a great quote on the house that was cheaper than all the competitors. I ende...
Scott Trench
What Financial Advantages do You Take For Granted?
We occasionally seem to get some frustrated folks on BiggerPockets. I know this because I was one of them.I, like many other newbies, was extremely ambitious, frustrated at my lack of wealth and overly eager to jump ...
Jordan Buie
How to take advantage of $100,000 home equity?
Hello brilliant investing minds,I have an interesting scenario for you. Say you have a home that you are given free and clear that is paid off and is valued around $100,000. But here is the catch. You are given this h...
Tyson Wade
Any competitive advantages to being an Attorney-Investor?
For all of you Attorney-Investors (or anyone who has any knowledge about this), I will begin my 3rd year in law school in the fall and I’m prepping myself for practice (exploring practice areas relevant to real estate...
Damon J.
Buying in my name, spouse name - what advantages?
If I buy rental 4 properties in just my name, and then later go by buy 4 properties in my spouse's name only.
Will my wife be able to get preferred financing on those 4 rental properties? Will the mortgage company as...