A potential investor asked me today how can she take her 401k money and invest in multi family deal with me? Can she invest that 401k money with me without getting taxed or penalized? She is younger than retirement age.

Hi All!Brand new to BiggerPockets and am hoping that someone out in the forum community may be able to provide a bit of guidance on an interesting topic for me. As a bit of background, I'm a resident of New York stat...

I just made my first mortgage payment and am having some serious sticker shock when looking at the interest.why is it almost all interest? I cash flow very well on this, so could definitely afford to pay more towards ...

A bill passed the House yesterday that would grant additional relief on top of what the IRS granted immediately after Hurricanes Harvey, Irma, and Maria. As some of you know, immediately after the Hurricanes, the IRS ...

All, I've read there are better tax advantages for using an LLC for rentals and an S-Corp for flipping.  I have had an LLC and recently set up an S-Corp to start doing rehabs.  I like the control features of the Solo ...

Hi, a couple of weeks ago I learned, from an answer to a question I posted on BP, that I can't 1031exchange earnings from the sales of mortgage notes. Does anybody know of any other ways to reduce the tax on those gai...

Hello BPers, I'm stumped and hope to get some clarity on this - If I am currently living in NY, but lending on properties in Florida, which state will I be paying taxes in? The lending LLC will be set up in Florida. H...

Hello, I am new here and looking for help.  If this is the wrong platform forgive me.  I am an active three year STR investor with 4 current STR properties.  In January of 2023 my business was sold.  :) Unfortunately,...

Hi all,

Before I ask my question I would like to provide a brief overview of my current situation:

I am a full time salaried (W2) employee of an Investment Bank, but also DJ parties on the weekends through a fully i...

Hello bigger pockets people! Having been self employed for some time now, I’ve kept poor records of earnings, and hadn’t earned enough to even file taxes. Recently things have changed. I’m paid very well as a project ...