Hello BPers,This past 2018 I purchased two rental properties under my name. The earnings are under an LLC after filing a quitclaim deed. I'm curious if there are any tax benefits of not renting your properties under a...
Hello everyone wanted to ask a few questions in regards to setting up a SDIRA. I have a 401k with one of my employers not much money in it only like 2 years old. I wanted to setup a SDIRA when I do my first investment...
I purchased a property about three months ago as a flx-and-flip, and I have about three months remaining on the project. It's a full gut and rehab. My long-term goal is to buy and hold rentals. However, I know the inf...
Hello everyone. Im a fairly new player in the RE market.
My partner/friend and I have been living in our first property (a condo) for two years now and are now about to buy our second.
Up to this point, the fir...
Someone gave me some advice that sounded too good to be true so I want to verify. If I own a home for 27.5 years and have taken the depreciation expense every year, then I sell the house (for easy numbers let's just s...
Banks in Greece have been closed since June 29th, an obvious sign that the Country is in complete and utter turmoil. Greece received the honor of being the first major country to default on an IMF loan. With its massi...
Hey all,
I was doing some reading on Tesla’s solar shingles (https://www.tesla.com/solarroof), and one of their selling points is that they can cut energy costs by 40-60 percent, and government incentives for solar e...
I read too many posts from investors about "cashflow per door" or "that house does not have a positive cashflow", ect. I feel like the prevailing thought is that it is about "cashflow", singular, when real estate inve...
Hi, I'm fairly new to RE investing. After reading and learning so much on BP, I'm considering starting out with passive RE investments (HML and mortgage notes). I read the threads on becoming a HML. I'm thinking of se...
Hi BP community. I’m hoping I can describe for you my situation and see if you agree with what I’m considering doing. Any feedback and advice is welcome.
I have been buying rental properties for about 15 years here i...