Natalie Kolodij
Will your rentals qualify for 199A? New Guidance!
Hey guys, Take everything with a grain of salt as the finalized regs were JUTS released today. Thoughts: 1. The IRS issued a safe harbor of 250 hours to offer some clarification. Meaning spend 250 hours on rentals(s) ...
Jarreau Jackson
Newbie Blind Spots for Fix-n-Flips and BRRRR deals
Quick post for the new and aspirational rookies as I am transitioning after my first chapter in REI!1. Beware of "Handyman Specials"1a) On your search for a property to rehab, understand there is a difference between ...
Daniel Dietz
Self Directed IRA - doing work on property yourself?
Hello,
More SDIRA questions - I am putting them under separate heading to hopefully make them more useful to others too.
I understand that I can not 'do the work on the property to make a profit'. As might be the cas...
Thomas Landis
Bloomington, Indiana Investors...New and Old!
Hey Folks,Glad to see the sun is out and spring is underway! I have been seeing some discussion on the forums lately about the Bloomington market and a lot of new investors are interested in getting engaged. This is a...
Joel Johnson
Common Areas in a House Hack (Taxes)
I just purchased a new, larger home. I am house hacking and renting out one of the rooms. I use TurboTax for my taxes every year and they want to know what percentage of my home is being rented? Do I get to count any ...
Ravi Veer
Self-directed IRA/401k - conflict of interest triggers "prohibited transaction"?
Hi,
I am planning to start an LLC to purchase a real estate. My friend's IRA (IRA-A), my IRA (IRA-B), my friend (A), and me (B) are planning to invest. I have been reading up on IRA-LLCs and have a couple of questi...
Garrett Ayers
Property with 1.3 million in equity. What to do with it?
I recently inherited a triplex that is completely paid off. I renovated each unit and now I am looking to leverage equity to buy another income property. Any advice on what kind of properties I should be focusing on? ...
Sunny Kapila
How to calculate price for Multi Family property
I am looking to get into buying a Multi Family property and have couple properties in the pipeline, need to know how exactly to calculate the price to make an offer, please advise!!
Joseph Torres
Indianapolis. Recommendations for first investment? (SFR vs Dplx)
Hello,My name is Joseph and I am a relatively new RE investor, I am enjoying reading BP forums and I intend to contribute also. I started my journey as a RE investor in 2017 with 2 SFR in Houston and 2 SFR in KC in 20...
Rob Z.
Pay off car loan or pay off first rental??
Hey everyone, looking for some input. I have a car loan for 45k at 1.9% I also have my rental property note that is 46k at 5.2% I am in a position to pay off one, which would you pay off ?Side note, I'd love to get in...