Hello,I have read the requirements to qualify for material participation on an STR, but I only see info on hours/ work preformed. Are there stipulations on having a full time job, or a threshold of how much income you...

Hey everyone, another L.L.C. question for you. I am starting the L.L.C. tomorrow! Can't wait! I am lined up to get my EIN through the IRS site. Do I also need a Colorado state EIN? I will not have any employees o...

I have 50K to invest in wholesale properties. I live in San Diego. Where do I invest?

Hey all! New to BP. Would love all of your thoughts. Please be brutally honest! I own a townhome in Ladera Ranch, CA. Its a really nice neighborhood. Bought in 2019 pretty high. We recently moved to KY. This townhouse...

Thank you to all who have posed over the years the benefits of a Solo 401K vs Self directed  IRA.  Correct me if I am wrong but from what I have read here as a self employed agent with an LLC, a Solo 401k would be a b...

Hello All,
Have you heard about Reggie Brooks and Alexis McGee? Do they have a good program that is worth for the money?

Newdreamer

My friend and I have been talking about getting a place together and go half’s on the utilities.

Is funding my SDI Solo 401k with tax return a prohibited transaction? Co mingling? Solo K is owned by my retirement trust of which I'm trustee. Thanks in advance.

For example. In the BRRRR calculator a property would be -315 cashflow after refinancing  but in the initial rehab part it cashflows up to 12%. So, my question is why does the monthly holding cost go up in refinance? 

I have a construction savvy investor who wants to purchase a distressed Multi-family, renovate, stabilize the project and then sell for a good return (20% +). Since there are very few in the market (in Florida), ...