Brian Bonetta
Private Lending and Tax Implications
I am interested in private lending my capital out to real estate investors, but I'm not sure if there is better more tax efficient way of lending that would reduce my tax burden. My capital is not located in IRA'S, 40...
Franklin Marte
What is the best way to gain equity in a multi-family/Building?
I was told you can gain equity by renovating or by reducing the loan payments. Which is the best way or quickest way possible to go about it?
Jason Walkowicz
Life Insurance on JV partner
I'm starting a rehab project with a new JV partner and was curious as to what the consensus is in taking a life insurance policy out on the JV partner to insure my interest in the deal since this particular propert...
Sasang Doc
Renting a business property to my LLC
Hello Fellow BPers,
My LLC owns a business property where I’ve run another LLC business for the last 17 years. I’d like to start renting to myself (my LLC commercial prop renting to my LLC business running out of it ...
Jonathan Bebey
CPA & taxes
Hello phoenix area,I am looking for a CPA to help with my taxes for my house hack that I bought April of 2023. Does anyone have any recommendations? Thanks!
Mara M.
1031 Tax exchange or use sale proceeds to pay off other rentals?
Hello. I need advice. I am selling one of my rentals that is wrapped in a note with 3 other properties. I can either use the proceeds to pay off the entire note or do a 1031 tax exchange. If I pay off my note, the...
Dominique Mickles
Working a part time job
I have $2,500 saved and plan on saving more for a down payment my credit score is in the 700 but I work a part time job and I know lenders look at your income. So is it still possible for me to get a loan? What should...
Josh Garner
Ways to reduce tax liability on my cash flow
Hey BP! What are some ways I can reduce my tax liability on my rental property? After reviewing my taxes, I earned $26,400 in rental income on my property, and all expenses (mortgage interest, repairs, depreciation, i...
Kyle Z.
Mortgage at 7% interest rate for investment property; pay down earlier?
Hi everyone - I currently have an investment property with a 150K+ mortgage of 7% interest. It is cash flowing a couple hundred bucks every month (so rent > mortgage).
I have a lot of cash saved up in a 5% HYSA c...
John Anderson
HELP: Tax-Write-offs or limiting losses w/ high day job income?
Hi everyone, I need some tax and legal advice in my situation where I have been incurring a good amount of unexpected expenses, and after some research tax rules seem to allow up to $25K of write-offs a year, but is p...