Aric Zaky
Partnership in a LLC
I live in the southern Maryland area and I am planning to purchase a property in Baltimore possibly with one other person. I currently have a LLC but the person who would pretty much be my partner is not a member. Wou...
Mark Doty
20 Unit Deal - Commercial loan questions
Hey BP Community,I'm trying to figure out how much cash I'll need to raise in order to obtain a commercial loan and be able to close on a light value add property. He is roughly what I've come up with but would like ...
Arta Montero
Does real estate get tiring fast
Hi all,I have a couple of house rentals. One of the houses is been managed by a property management and feel like it has been a nightmare. I thought once you pay someone things will get easier from a rental standpoint...
THU NGUYEN
Real Estate Professional Status and Loss from Syndication-Passive
Hi All,I am claiming RE professional in 2019. I'm active in managing all my rentals, my flips etc...However, I have a passive loss from a K1 issued by the syndication deal where I am set up a limited partnership. Ca...
Dean I.
Offsetting Flipping Taxes with Passive Rental Income?
So, I have read several books and posts on here concerning offsetting income tax with passive loses or depreciation from rental properties, but I am still a little unclear as to how that all works and if I can actuall...
Jake Cowley
3 Lessons I learned trying to get my wife onboard with REI
Hi BP community,I wanted to take some time to share some lessons I learned while trying to get my wife onboard with REI. Hope this helps others!1. Don’t wait to share your ideas or goals until you think that you have ...
Mark Davidson
Solo 401 (k) Bank Recommendations
For those with a Solo 401 (k), what banks are you using?
Any tips on funding or setting things up?
TK Jones
Spouse or relatives on REI team
I was wondering if anyone has their spouse and/or other relatives working with them on their REI team. If so, in what capacity or role and how is it working out? Are there any pros/cons?
John Rapp
Maintaining the E while becoming the I or B
I’ve been fortunate enough to work my way into a $170k/ year position with my current company but feel that something (freedom) is missing every day. I’m only 30 and realize “good things” don’t last forever and I keep...
Dylan Hass
Where would you invest 5,000,000 right now?
Hi All,
If you had 5M handed to you, where would you genuinely invest it right now? I'm curious to what people have to say, and what demographics play a role in that decision etc. So:1. If you had 5M, what asset clas...