Ari Newman
Is this a Prohibited Transaction??
I'm hoping someone could provide clarity on a potential prohibited transaction inside a retirement account. (For this example, a Coverdell Education Savings Account, CESA) I'm basically trying to purchase and then r...
Dawna Willis
Investing with an SD ESA (Coverdell)
Has anyone used a SD ESA to purchase tax liens? If so did you create an LLC for the ESA or what company did you use to create your LLC? Looking for a reasonable price for getting the entity set up and operating agree...
Shawn Coverdell
why am I spending time on quickbooks?
OK, this sounds like a silly question but I really want to know if this is necessary and why. We have 19 accuired 19 doors using the BRRRR method mostly. 4 duplexes and the rest are SFH's. Wife has spend many MANY hou...
Account Closed
Withdrawing money from a mutual fund to purchase real estate.
I hope this is the correct forum to post this question. I currently have a mutual fund account with around 25k that I would like to use towards the purchase on an investment property. Long story short, my parents set ...
Tim Tucker
Should I convert some of my passive income to active?
All of my income is passive from rentals. Therefore I do not pay any self employment taxes (15.3%). Since I have no active income, I cannot contribute to any retirement accounts.
Does it make sense to convert some of...
Andrew Wright
NEW MEMBER, SEEKING KNOWLEDGE
Hello Biggerpockets! I have been researching and exploring the real estate market for the lat 2-3 weeks and I am really looking forward to getting started, but I do not exactly have a plan right now. I am only a sen...
Jason Pearson
Alternative College Savings Strategy
What am I missing? After significant research regarding college savings for our son, my wife and I have devised a strategy which we would love the community to pick a part. We are not happy with 529’s, Coverdell’s, a...
Philip C.
If a Tree Falls in Your Backyard...Homeowner's Insurance
Hello Fellow BPers,2 Questions for you:(1) If a tree falls in the backyard and knocks over some electrical lines leading to the house, does homeowner's insurance cover that?(2) Even if it does, would you recommend usi...
Robert J.
Eugene Oregon Flippers
I just wanted to see who here is in Oregon and or Eugene/ Springfield specifically who’s into rehabbing. I’m getting ready to embark on the journey and wanted to know what you guys are seeing. What market you’re in (l...
Kenneth Huddleston
New Kid from Troutdale, OR
Hey, My name is Kenny and i'm 16 years old, i know...REALLY young, but i am very interested in real estate investing, multifamily housing mostly. I have read around 25 books on the subject as well as personal finan...