Hello all,
I’ve been looking into note investing and am curious what everyone’s experiences are on BP. Notes seem to be pretty capital intensive due to the cash purchase requirement. For example, with $50,000 availab...
Me and a partner formed an LLC earlier this year. We wanted to start investing in real estate and my partner has a few large assets he wants to protect. We split everything 50/50.
We are closing on our second proper...
I just read this great article by @David Thompson, and want to check my understanding of taxes for limited partners in real estate syndication.- Income distributions are taxed at ordinary income rates, but there may b...
I'm in year 5 of real estate investing. I've told my wife that I only want to own properties in states that don't have income tax. The same goes for our personal residence.
I've heard stories of investors, for ex...
Hi all - I have a bunch of money sitting in a Roth IRA which I’ve recently learned can be used to buy an investment property. I have enough for a decent down payment on property. Has anyone recently used an IRA to inv...
I have been going over this in my head for weeks and I just need some feedback.Which option is better, buying a rental property directly within my Solo 401k (with the intention of refinancing non-recourse down the roa...
My mother has a condo in the city of Chicago, which is her primary residence. Recently, she stated that she wants to gift me her condo and eventually move into a senior home. As she is getting older in years, she is l...
Hi BP!Most companies provide their employees 401k plans or Roth accounts. There are options for employees to be able to take personal loans (up to 50% of the vested amount twice a year), loan for primary residence an...
Evening,I am struggling on what to do with $100k. I have been a buy and hold investor for many years but I have been putting money into loans lately and doing well. I am selling a home in CA and need to do something...
Hello, all. I'm new to the forum and looking for feedback on using my 401k to start flipping and buying rentals. I've been a licensed broker for 13 years and I've only purchased and sold one investment. Thanks for ...