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Question from an investor: They would like to use their retirement account to invest in RE. From a long term investment perspective (10-20 yrs), has anyone evaluated the financial comparison of the following: 1) Ke...
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Hello Landlords,Are you a landlord overseeing/managing your own rental properties?If you do, how long have you been doing this? Do you still hold a full time job?If you already left your job, do you regret it?I have w...
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I’m a little confused on what happens when your rental breaks even and you do tax breaks or write offs for maintenance , travel, etc. Does nothing happen or you don’t get anything since the property is not generating ...
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Hello BP members!I've listened, read and debated a lot of material about using retirements funds in a self-directed IRA to invest in real estate. The rules seem really cumbersome and complicated, and since I'm still f...
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I just watched a video online of someone explaining why he would never flip a house. He basically said the reason is because if you flip a house it is considered ordinary income tax + self-employment tax which ends up...
Thanks for reading my first post on Bigger Pockets. I need your advice. In 2015 my wife and I sold our home in LA for a healthy profit and moved to SLC. I knew nothing about real estate, but listened to my CPA and dec...
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Financial Independence Retire Early (FIRE). It seems to be everywhere these days. I just heard on a podcast that there is a movie coming out in a few months about the FIRE movement - which sounds awesome. I'm sure ...