Mindy Jensen
How does divorce affect cap gains on primary homes owned -2 years
A friend just told me he is getting a divorce, and they have owned their home for less than 2 years. (February 2016 purchase date.)How does divorce affect Capital Gains on this purchase? After one year, it's long term...
Sonia Kulkarni
STR Cost segregation make or break questions
This forum has been a great resource for learning thus far, thank you everyone for contributing.
My spouse and I are W2 employees and have a few investment properties but all of them are LTR. We are interested in mak...
Andrea F.
Been using cash, time for financing...
Hi All - been using cash to purchase properties, but now may have to turn to financing to acquire more properties this year. My goal is 3-4 more single family homes this year (rentals, and perhaps a flip if it's the r...
Julio Gonzalez
Real Estate Professional Status
What is Real Estate Professional Status?
Section 469(c)(7) provides an exception that allows qualifying taxpayers to treat rental real estate activities as nonpassive, enabling them to deduct losses against other typ...
Chris H.
First time buyer (owner occupied) after investment purchase
Hello BP community,I'm looking for some help. I currently rent and do not own property. I'm looking to purchase an investment property first because buying a house for my family right now, financially isn't in the ca...
Joseph Whitton
House hacking and taxes
would a house hacker be considered a real estate professional for tax purposes?
Dustin S.
Self Directed Roth after FIRE
I have already hit FIRE and and am well below official retirement age. I am looking to keep investing into a ROTH IRA preferably having one of my LLC make an employee contribution on my behalf. First is this possible/...
Skylar Mays
Newbie from Birmingham, Alabama
Greetings Ladies and Gentlemen!My name is Skylar Mays and I recently joined BP after finding the podcast in my efforts to further my education into Real Estate Investing!I'm 24 years old, married with 2 wonderful litt...
Dena Sommers
Spouse dying investing life insurance money
My bread winner spouse is dying of cancer. I will inherit his life insurance money. I do not have a “real” job but one that makes some money…not enough to support a family. Docs says he has a year to live. He makes...
Jason Allen
What is the best way to vest my title on my first deal?
My Wife and I are purchasing our first deal in sunny southern California with our VA loan and intend to live in the home for 1-2 years while doing repairs, what is the best way to vest the title of the home?