I have recently seen multiple post by people saying their CPA has advised them against putting their investment property in an LLC and to own them personally.Am I missing something because this seems crazy to me? I c...
Hello! What are my fellow BP member thoughts on this language? Does it specifically prohibit short term rentals? I'm not seeing that it does and I am living in an ideal situation to move out and STR. This is not a...
Hi everyone, My wife and I have been saving up to make our first move into real estate investing together. Our plan is to purchase a buy-and-hold property with long term renters. We are looking for properties under $3...
I am working on building a list of self-directed IRA companies. Here is what I have so far:
1. Entrust
2. Equity Trust
3. Pensco
4. Sterling
5. UDirect
6. Asset Exchange Strategies
7. American Pension Service...
Welcome to our question of the week! While we may start to feel that there's a rollercoaster ride ahead, we have something many investors don't, a great network to help us grow and learn!
Have you noticed any new tr...
I remember awhile back being told that if you are small-time, say a few hundred thousand dollars borrowed, there is an easier/cheaper registration process.
Can anyone point me in the right direction? I have a doze...
HiI bought two properties this year and sold them for a profit. It is my understanding the profit from those flips will be treated as active income and subject to self employment tax. However I didn't even lift a fing...
I'm currently in Seoul and wondering if there are others as well, if so let's connectEven for other US citizens traveling abroad, I'm curious to hear stories of your experiences you found to be new, exciting, interest...
so i was reading this http://www.biggerpockets.com/forums/67/topics/21771-gut-rehab-costs and got the definition of a gut rehab
"A major restoration project on an old house or other building, ripping out ...
Hello!
I'm a recent new member to this site, and I think it's an excellent resource for people like me who are brand new to RE investing.
I've had the "privilege" to attend a 3 day "intro to REI" course put on by th...