Mike Stevens
Short term rental
HelloDoes anyone know if the short term rental tax depreciation against w2 income has an income limit?I know there is 150k income limit for long term rentals. Does this apply to short term rentals?Regards mike
Jordan Lamarre-Wan
Limits on sophisticated / non-accredited investors syndications?
Hi BP community,
I recently invested in a real estate syndication as a passive non-accredited investor. Syndicators that I have spoken with say there are no limits to investing but I wanted to see what others had to ...
Tony LaCoste
VA Loan on Multi units
Hey BP members,Can you exceed the VA loan limit when buying more that one unit (duplex, 3 plex, or 4 plex). I have heard it both ways... so I am trying to find someone who has actually bought a multi family unit that ...
Garrett Pettit
Circumventing Loan Limits
I don't understand how these luxury house hackers do it, like the ones in Hawaii. I want to do the same, but everywhere I look there are loan limits that castrate the ability to finance something like that. So how do ...
Burned out at your W2 job? Tired of climbing the corporate ladder? Starting a real estate business could give you financial freedom, but is it worth giving up the security of a biweekly paycheck? This entrepreneur thi...
Just a short while back, Marisa Mae was caught in the paycheck-to-paycheck trap, her credit cards stretched to their limits with no emergency savings to speak of, all while wrestling with constant financial stress. To...
Walt Payne
Little known 401K fact that could save you big tax $$
I read an article on a financial website a few months ago about this, and filed it away as something that I might be able to use in the future. Yesterday I was talking on the phone with someone from this site who know...
John Zhang
Is there a dollar limit on how much we can use real estate depreciation to offset W2
My wife is REPS status. I am a W2 employee. I used to believe that the limit is $500,000. But is it still true? Thanks in advance!
Brie Schmidt
New Loan Limits - Chicago
YAY! Loan limits have been increased for Chicago on conventional loans! This means the 5% down, 20% down, and 25% down loan programs. My bank can start using the new loan limits as of December 3rd. Message me for ...
How much should your down payment for investment property be? Should you increase your down payment to maximize cash flow, or does putting all your financial eggs in one basket limit your ability to build and scale yo...