My tax adviser is telling me I need to set up an SEP Retirement plan to lessen my tax burden this year. I am primarily trying to shelter profit from a flip. I am a W2 wager earner and have rental income as well. I do ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/226343/small_1655944339-avatar-jchri658.jpg?twic=v1/output=image&v=2)
My parents are both retired. They recently signed a P&S offering cash for the house across the street from my sister with a 3 week closing (fast!). To come up with the cash that quickly they have to pull money out...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2225440/small_1629073267-avatar-jonf132.jpg?twic=v1/output=image&v=2)
Thoughts on Adam Neumann's real estate strategy post-WeWork? It sounds like he is using depreciation to create passive losses so that he can offset active income from his enormous golden parachute? If so, it seems lik...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/51525/small_1621411521-avatar-soldat.jpg?twic=v1/output=image&v=2)
NO POLITICAL STATEMENTS!President Trump's tax returns were subpoenad and then released to the public. What do they show? According to the LA Times, Trump is a "real big loser" because his properties all show losses an...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2860108/small_1697739090-avatar-suzannef25.jpg?twic=v1/output=image&v=2)
My tenant signed a lease 3 days ago. We did a complete walk-through of the house - no smells, etc. This morning she is contacting me saying there is a strong "pee" smell in the kitchen and she believes feral cats ar...
Hi all,New here and looking into investing in short term rentals but have lots of questions. I have $140,000 in a ROTH that I would like to convert into a checkbook IRA and self manage both the ROTH and the properties...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/92122/small_1695235752-avatar-ecaff.jpg?twic=v1/output=image&v=2)
Greetings,I'm looking for an investor friendly insurance agent licensed in Indiana who specializes in residential investment properties, and who is familiar with the area. Thanks fellas.Erick
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/829215/small_1630873233-avatar-liweng.jpg?twic=v1/output=image&v=2)
I've been reading up on 1031 exchanges and I've been a little hung up on the replacement of debt and mortgage boot. So just as an example, let's say if you sell a house for $200,000 with $150,000 of your own equity an...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/951904/small_1621506158-avatar-josiahc86.jpg?twic=v1/output=image&v=2)
Hi everyone! I've been reading through the 1031 exchange forum and I'm still a little confused as to how the actual numbers will work out. I was hoping to give the actual numbers I'm working with to better understand...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/384701/small_1621448186-avatar-omc.jpg?twic=v1/output=image&v=2)
I know Jacksonville FL has been very popular on BP for the last several years.Inventory has been crazy low even in the middle of a drawn out pandemic.
However,the low inventory didn't truly hit home until I had a few...