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Results (10000)
K S. Becoming a private lender question
20 March 2024 | 12 replies

I lent money to a flipper in San Diego who claimed bankruptcy and fled to Canada. I then realized the lender made over a million dollars when he foreclosed on his property. I was wiped out as second lien holder which ...

Greg Tom Best Tax Advantages for REI with low 6 figure income?
14 October 2018 | 14 replies

Hello,Wanted advice from BP.  I am a big reader over at various 'retire early' sites (Money Mustache, etc.), and have a decently high savings rate after tax.  I am trying to maximize my tax savings through real estate...

Jeff Takle Why are taxes so ridiculously difficult?
1 December 2019 | 4 replies

Just a very short rant here, but I can't help myself. Just finished my taxes and it came to 136 printed pages! That is absolutely NO exaggeration. That's a book. Uncle Sam is requiring his citizens to write a book f...

Sharad M. Millionaires to Obama: Tax us
22 November 2010 | 16 replies

http://news.yahoo.com/s/yblog_theticket/20101119/ts_yblog_theticket/millionaires-to-obama-tax-us

http://news.yahoo.com/s/yblog_theticket/20101122/pl_yblog_theticket/warren-buffett-agrees-tax-the-rich

I hope I am not...

Adam Sporinsky Where do you keep your investment and reserve money?
3 January 2016 | 5 replies

When the investors here have cash saved up for down payment money on a new investment property, do you store that money in a standard bank account, in the market, in some other liquid investment?  Some combination of ...

Lor Fara Entity structure for out of state LTRs
3 July 2024 | 6 replies

I live and work in CA, but looking to invest in OH and IN.  I have two LLCs set up, one in WY one in CA, both under a WY holding LLC.  Can I buy rental properties in OH and IN with my WY LLC?   In which states would I...

Robert Bolejszo NJ: Opening a Property Mgmt Company to manage my own Properties
16 February 2020 | 7 replies

I currently have two properties (and plan to grow) and my attorney advised against me opening and moving my properties under a LLC, as I financed the properties under my name and I'm told mortgage lenders frown upon t...

Rebecca B. Double My Salary Through 1099 or Keep W2 for Easy RE Financing
27 December 2022 | 6 replies

Hi everyone,I'm posting here because I always get such amazing feedback, so here goes... I work in tech, earn low six figures and we're slowing paying down debt and planning purchase a small MF next year. The plan is ...

Account Closed Real Estate Rental Income as written by Kislay Shah CPA
10 July 2023 | 2 replies

Real Estate rental income is earned when a real estate is leased for rental income generation. Rental income generally is treated as unearned or passive income for income tax purposes. Rental income is reported on Sch...

Vincent Buggs 401K or home equity for multi-unit down payment
24 August 2016 | 20 replies

I am looking to invest in a duplex or triplex. Which is a wiser decision: Pull money from my retirement account or use the equity from my principle residence?