Oneil Guntner
Roth 401K Match versus save up cash at a more rapid pace
I have been contributing to a Roth 401k at work. In order to get the full match I put in 6% to get a 4% match. It has built up to almost $9,000. I read Scott Trench's Set for Life for the second time the other day and...
Tarcizio Goncalves
Capital Expense prior to a sale
Hi everyone,
I am selling a property that I own now for almost 6 years to 1031 into another property.
The buyer had an inspection and has requested for some cap ex repairs (new roof and new sewer pipe).
I'm deba...
Oneil Guntner
Paying Past Due Property Taxes
I was recently listening to episode 293 of the BiggerPockets podcasts where Chad Carson talks about his tax lien strategy. Does Ventura County do this? It looked like they list homes for auctions but I didn't see anyt...
Yoon Seokwoo
tax implication for cash-out refinance
I am trying to think of the best scenario to get maximum tax benefit for rental property in the following scenario.
Say that I have a house that is paid off and I want to convert it to rental property. If I take cas...
Rahul B.
Newbie to BP and REI - solo 401k vs. buy and hold REI?
Hello BP community!Great to join BP. I've been reading a few blogs and forums on this amazing site for about two weeks now, and am just starting out on my own learning journey in Real Estate Investing (REI). After rea...
Stuart Grazier
Tax Strategies for Mortgage Note Investing
For all the note professionals out there: I have accrued a decent portfolio of performing mortgage notes over the last couple of years and my tax bill at the end of the year has gotten quite large. As far as tax deduc...
Dennis Soto
Should I star an LLC or S-Corp for a House-Flipping Business?
Hello all,I recently lost my day-job due to COVID-19, and I'm considering going full-time investor in. My strategy is to start a house-flipping business in New Jersey to gain capital and once the house market settles ...
Account Closed
tax refund on rentals claim losses? confused?
Ok quick question regarding taxes. I purchased my first rental and on my earned income i make under 25k a year as a server (don't claim enough tips), basically I am looking at purchasing Albert Aiello's tax software, ...
Victor Williams Jr.
Texas Property Tax Protest
Good Morning BiggerPockets family!Quick question:I own a property in the Valley Ranch area of Irving, Texas. At least once a year I get a letter in the mail about considering protesting the property tax amount that's...
Clifton Prescod
WHAT TO DO WITH YOUR EARININGS???
I know we are grown and "can do whatever you want with your earnings", but one thing I see a lot on youtube, forums and such, is the omission (knowingly or unknowingly) of advice to young investors who have earned the...