Graeme Black
Directing passive income into a Solo 401k?
I know the correct answer to this ... contact a knowledgeable CPA ... and I am looking for one, but in the mean time I wanted to see if anyone any insight into this.Here is what I want to try to do:Set up an S Corp to...
Geoff Prickett
Las Vegas Condotel: Syndication and Bonus Depreciation Questions
Questions for Real Estate CPAs and Attorneys (or genuine experts), preferably who know the Las Vegas Condotel market:Looking at my first investment property. Considering going in with other investors on a condotel uni...
Kim Musgrave
I want to do 25 fix and flips in2023
I'm wanting to figure out what kind of course or coaching I need to figure out how to scale in 2023. I know how to purchase homes and how to estimate costs of rehab repair. I understand the real estate market. I ...
Steve B.
House Hack in LA or STR in MKE?
My wife and I are currently considering two different strategies and would like to get some insight from people who have experience. Neither of us have ever purchase real estate.1. We have enough to make a small down ...
Tim Porsche
Find Another Job or Take Plunge into Full-Time REI
Hey folks, looking for some advice and feedback. I've been working in the IT field full-time doing systems support for the last 6-7 years. I've been working for a contracting company at a client site this whole time, ...
Andrew G.
Moving across the country - should I sell?
Moving across the country for a 2-year graduate program with a $120K total cost of attendance over 2 years (includes room & board) after scholarships.I own a 3b/2.5ba townhouse in Los Angeles (Culver City area) th...
Alex Silang
Real estate limits
I was running some numbers and one thing confuses me.
I've read that banks only allow people to take on a mortgage 2-2.5x their income. Rental income is added at a 75% rate.
Doesn't this limit the size ...
Brian Douglas
How to split profits or money on house flipping?
Hello all me and my uncle are wanting to flip a house. He said he would buy the house and materials well be the "investor" and I would be the contractor. After fixing up the house and the house sells what is the gener...
Michael Plaks
Reducing or eliminating capital gains: NO, it's not simple!
How do I deal with capital gains? - this is one of the most frequently asked questions on this BiggerPockets forum. The minute it is asked, investors jump in suggesting their pet strategy such as a 1031 exchange or a ...
Rich Davis
Advice for building in-house team.
Like many investors, I've reached critical mass (50 doors) with what I can manage myself (plus one girl PM help). If I wish to continue adding properties/units, I have to make some choices. 1. I can sub out all the P...