I am Hyped and ready to start making moves. I have been absorbing as many of the BP podcasts as I can and reading all the books I can on this. I need to build my Core 4 (well actually I think a core 6) I need. I have ...
With all of the volatility in the stock market, I wanted to offer some insight into my investing experience and how I position my overall portfolio to get through extreme volatility like what we are currently seeing. ...
I've seen a lot of excellent threads on the site about business formation and taxes. I was hesitant to post on them because most of the recommendations say, "it depends on the particular situation."I am posting the fo...
I've never heard anyone on any podcast or webinar talk about the mechanics of how they live off their cash flow. Do they have a bank account for each property? Or does it all go into a single bank account? How much, h...
What are the SE Tax implications of adding my spouse to my LLC? Here's my scenario: Right now, all of our income comes from my employment salary, and from investments (rental income from RE and Stocks). My income is...
So i have recently gotten pre-qualified for a mortgage as i am looking into dipping my toes in the REI. I am looking for SFH as there's currently not any good multis that are available in the area im looking for in Ho...
I live in the area and have been investing here for about 12 years now. My mother, who is retired is considering purchasing a property in Philly and paying me to manage it for her. She's looking for modest cash retur...
Hi All -- Wondering if anyone out there has faced a similar situation and, if so, whether you might have any guidance or opinions, etc.? My wife and I are in the process of doing a 1031 exchange purchase. We are in co...
We’ve lived in our condo for the past 3 years and are considering renting it for the next 2-3 years then selling it to take advantage of the 2-out-of-5 rule. Since we’ll be renting it we want to put it in an LLC but a...
I'm selling a rental property I've had in an LLC for several years. In June, I deeded it back to myself in order to take advantage of a 1031 exchange and be able to use my earned income to qualify for the purchase on ...