Gail Greenberg
Advantages of 401Ks over SDIRAs in buying notes
Found out at #NoteCamp in a presentation by Tyler Carter from Nuview IRA that compared to a SDIRA, with a 401K, you can....1. Contribute up to $53,000 ($59,000 if you're over 50) in a year to a 401K where the annual c...
Chris Gallick
How much $ can I expect after claiming renovations?
Hello BP! I'm seeking input from a CPA or tax professional that might be able to help me regarding claiming expenses on an investment property. I'd like to know how much I can expect to receive back from taxes after c...
Zeke Sanchez
Timeline of events for buying a rental property
Good morning to all, I am curious of what steps I need to take from now to next November in order to buy a rental property. I am currently in the Marine Corps and on deployment overseas. I will be back in next April. ...
Brandon Stiles
Questions about using LLC for flips...
I know I need to sit down and talk to an accountant before moving forward but I was hoping someone could help clarify a few things for me.I'm planning on creating an LLC for house flipping. Mainly so I can elect to be...
Angelina Ng
Turnover question, tenant left property is poor condition
Hi All,
I had a tenant move out and the tenant left the property in poor condition. It is a SFH. Property manager states that the flooring needs to be changed, whole house needs to be repainted, deep cleaning, chang...
Guy Kriz
help needed for a fresh newbie!!
Hi BP Sharks! My name is Guy and I'm a contractor in LA area and I'm just starting to get in this world of investing.My partner and I are really interested in investing in rental properties outside our state which hou...
Chris Bluem
Entity Structure and Tax Planning
Hi, I am looking for recommendations for firms that provide setting up correct entity structure (S-Corp on operating side / LLC on non-operating), and also provides tax prep and planning. Real estate and short term re...
Marc Gallegos
Owner finance- refi
Just a quick question I was hoping someone could answer. I cant seem to find the answer without contacting a loan officer. Im a few months into a owner financed single family home here in Oregon. We will hold this hom...
Gary Rutledge
Prices are high, but should I sell my rental property?
I own a rental house in a hot neighborhood in Dallas, Texas that was built in the early 1950's. People are demolishing the older houses left and right here and putting up larger homes. Last year, the first home on my...
Long Nguyen
Is market correction a good thing?
I live in Nashville, TN and want to start investing in real estate. However, the market has been growing so fast and rapidly that I feel like there will be a market correction soon. Would investing still be viable sin...