With the new tax law, investors can have have the 1st 20% of Net Income deducted from taxes. Essentially 20% tax free income.
To get this 20% tax free income, the income needs to come from a pass through entity such...
Hello Bigger Pockets!
I will be closing on my first investment property next week, it is a 4-plex that will cash flow about $700 per month after all expenses including tax escrow, (etc. even including mowing service...
If you had some spare $ and wanted to invest for mid- to long-term outside of your RE Investments, what would you do?
Thanks
Bought the house as a short sale at 260k and it recently got appraised for 320k, Mortgage is $1692. House was built in 84 and is in great shape with new carpets upstairs. My only concern is my ac unit is from 84 and s...
Hi, I'm currently not a RE investor, but have poked around the forums a bit on occasion. I'm expecting my 2nd child next July. We will move to a slightly larger house soon and I'm trying to decide whether my current ...
HelloMy first home is a triplex (owner occupied ,20 percent down,30 year mortgage,3.5 interest rate) and it's been almost two years and it's positive cash flowing and I also see some appreciation,would it make sense f...
Hey y'all,
I'm wrapping up my live-in renovation of a property in South Austin. I would like to keep this property and use it as an STR. However, I would like to move out and purchase another primary residence.I have...
Hi everyone! I have a 401k from a previous employer that I would like to transfer to a self-directed IRA instead of my new employer's 401k plan. My hope is to be able to invest in syndication opportunities. I do have ...
I am interested in using my W-2 job salary to invest in multifamily apartment complexes. I would like to start out by being a passive investor in a few deals to learn the process. I would welcome your suggestions on...
Hey all. First time poster here. Been listening to the podcasts as I hope to get into investing soon. Question for the group. I bought my current place, a 3BR Santa Monica condo back in 2010 when I was single. Have a ...