Loic Assobmo
Earnings too high to claim passive losses?
Earnings too high to claim passive losses?
so what happens if you have lots of passive losses on real estate - but your active income is over 150k? is there a way to still claim those loses if you are a full time emp...
Geoff Shaw
Financial Advisor considering a career change
Hi everyone! I am a licensed financial advisor but am considering becoming a mortgage loan officer. Has anyone made this transition before or been able to keep both licenses simultaneously???Thank you in advance for h...
Terry Hollinsworth
Contractor wants to take most of insurance money to replace roof
Contractor agreed to replace my roof if insurance would pay for damages. He came to my door offering his service. To my surprise the insurance company agreed to pay $21,000 for damages. Our contractor quoted us $20,00...
William Costello
Why people prefer going the syndication route in real estate
The main reason why investors prefer real estate syndication is access and time to deal flow. Not everyone has time to search for deals and underwrite hundreds of properties to find the perfect property. Instead they ...
Jeffrey Mayer
Deferring Income Tax on Buy and Hold Cash Flow
Hi Biggerpockets Forums,I am looking into getting into real estate soon in Georgia and I had an open ended question on tax liability strategies. As a little back story, as a positions investor I am all about the long ...
Joseph Harr
Opportunity cost and deal analysis
Say I have $35,000 in a HYSA that generates $150 per month in interest. If I invest that money into a rental property that breaks even, wouldn't I actually be cashflow negative $150 per month now that I'm not getting ...
Kyle McCorkel
How can I have my cake and eat it too with a Solo 401k?
So I got my solo 401k all set up, but haven't had a need to use it yet. I've considered taking a loan out of it to do BRRRR's and flips, but I'm really not crazy about the mandatory 5 year payback schedule. It will ...
Max T.
Life insurance options - question
1st question - What is the best "length of term" for a life insurance policy?My understanding is that I can choose how long to set the contract, but the longer the term, the higher the premium. My premium would be on ...
Andrew S.
FHA Househack Appreciation vs. Out of State Cashflow
Hey guys, I live in LA where appreciation is great but cashflow is not so good. I'm open to either house hack in LA (appreciation should be solid) or invest out of state for cashflow. From a financial perspective, how...
Tiffany Jones
Incorporating in Nevada??
Hey BP family, I attended a real estate workshop a few weeks ago and was told that I should setup my LLC in Nevada because the benefits of incorporating in Nevada are amazing. Is this true? A company based out of N...