Otis Clayton
How do closing agents fund private money deals?
In my search for private money , I have heard there people use SDIRAs to fund real estate investments and be in the first position.I wanted to know what are the pros and cons of using SDIRAs for fund Real estate?
Michael Meates
Taxes for investing out of state
Hello everyone!!We live in NYC and interested in investing in the Cleveland market but wanted to ask advice on tax implications?? Do we pay an out of state tax on top of standard state taxes due to living in for examp...
Robert Johnston
Quit your job or retire early? I'd love to hear your story!
Hello Everyone. I'm relatively new to BP, but have been reading and researching non-stop since accidentally becoming a landlord a little while ago. That cash-flowing rental has fueled my inner desire to begin a buy ...
Mario Morales
landlord insurance premium tax deductible?
From what I understand, you can deduct the entire premium as it is an expense to run the rental property. With prices going up so much, if this lowers your cashflow too much, I feel like you may not look profitable in...
Manson C.
$25k Passive Loss to Offset Ordinary Income
Hello. My adjusted gross income is under $100,000, and so the passive loss (including phantom loss from depreciation, deductions from mortgage interest and property tax, etc.) from my rental properties will be offsett...
Josh Sparks
Self direcred IRA investing
If i buy a property with a self directed IRA, is there any limit on rental income exceeding the yearly contribution limit? Also, are you able to leverage the equity in the property during or after its paid off? If so,...
Lisberto Calvo
Don't know what BRRRR Method is?
The BRRRR method is a real estate investment strategy that stands for Buy, Rehab, Rent, Refinance, and Repeat. It's a systematic approach to building wealth through real estate by acquiring properties, improving them,...
Gabriella Nataldie
Ideas for Boosting Income in Challenging Circumstances
Hey everyone,
I'm facing a bit of a challenge and could really use some advice. I'm determined to increase my income so I can invest in multifamily real estate, but I'm hitting roadblocks due to various limitations.
...
Anirudh Mohan
Out of State Investing with 10-15K - Beginner
Hi everyone,
I am new to Bigger Pockets and I just started my investment journey a month back and I'm very much still in the educational/explorational phase.
I apologize in advance for the lengthy post but I really ...
Jon Fletcher
Depreciation and Passive Losses
I read a lot here about people having passive losses or paper losses once depreciation is factored in. But depreciation for a residential property is only 3.636% each year (27.5 years). I know this is a good problem t...