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Results (747)
Gian Jr, III Check my math? Deducting STR losses against high wave W2 job.
19 May 2024 | 25 replies

Hi BiggerPockets community, I am considering purchasing a STR and being an active participant for the opportunity to deduct the STR losses (notably deprecation) against my W2 job. I have been doing a lot of research h...

Julian F. Starting new LLC to borrow money for commercial property
13 January 2009 | 14 replies

Hi, I'm Canadian.
I'm planning to start a new LLC in a state (possibly Nevada), so that i can use it as the entity to apply for a mortgage on a small apartment building (8-18 unit).

Can a brand new LLC with no credit...

Wesley Mullen Reducing 401k contributions
24 May 2021 | 13 replies

As soon as I started my Corporate job, I was told like many others to max out my 401k contributions to take advantage of my Employer match (100% first 3%, 50% next 2%). So I've been contributing 5% the last 5 years. B...

Brian Blenner How to Invest Living in a High Cost Market?
10 January 2016 | 9 replies

Hello!I am looking to purchase my first property in the next year. Ideally I would buy a condo I can live in and rent out a second bedroom, or live in for a few years and sell/rent. The problem is that I live in Oakla...

Troy Bleth HELP ! Positive Cash flow? Or sell 1 rental for 3?
28 May 2022 | 13 replies

Help everyone! I have a scenario and I just don’t know what to do, I feel stuck.. I currently have 1 single family property that cash flows $1000 per month , the house could sell for around $500,000 and I owe $140,000...

Jamaica Adviento 401k (specifically TSP)
25 December 2021 | 14 replies

So my dad is scheduled to retire December 31 2021. We have no idea about how retirement works and whats the best to withdraw and all that. Anyone know about taxes regarding TSP?

Shafi Noss Is Depreciation Worth Anything?
8 March 2023 | 15 replies

I see a lot of investors get excited about depreciation because property values usually go up, but investors can report they went down on their taxes.I am skeptical this is actually an advantage.For example, commercia...