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Results (1753)
James R aduna Eliminate High Interest Mortgages
5 May 2020 | 21 replies

BP Community,
Since the government's stimulus package for 401k investors has come out I've been thinking about taking money out of my savings and either paying off my high-interest mortgage or simply buying another ...

Kevin Zou Does depreciating house on tax return lower borrowing power?
6 July 2020 | 13 replies

Hey guys,
From what I heard banks normally use your gross income to debt ratio to determine your borrowing power. If I depreciate property value on my tax return to deduct my net income, will that impact my mortgage ...

Davidson Francois What’s the purpose of an LLC???
5 January 2018 | 31 replies

I’m still learning the financing part of the real estate business but can anyone help me understand the llc aspect of real estate? What’s the person of having a llc when from my understanding you won’t be able to appl...

Eric F. WA -> Idaho Investing - Property & Income Tax Impact?
1 March 2024 | 8 replies

I live in Washington near the border to Idaho. I'm interested in investing in Idaho, but I have zero experience with Idaho taxes (or state income tax at all for that matter).Questions:I've heard that property taxes i...

Chris Wallace Advice, Commercial RE, sell or cash out to buy another property
6 December 2017 | 7 replies

I'm Trying to give a complete picture so I can tap into this great resource of BP.  I own a commercial property, no mortgage. Two appraisals 3 years ago $1.8MM. Raleigh NC, so unlikely to have gone downRent $10,400/m...

Ian Russell Tax implications when I sell a property
7 February 2018 | 12 replies

Hi I have a property in San Jose California that I bought in 2011.  It was my primary residence until last year when a job took me out of state.  I still own the property but it is now a rental.  I have rented it out ...

Ravi Renduchintala Investing with IRA funds
23 April 2013 | 4 replies

While using an IRA to invest in property that's been foreclosed on is a fantastic option for increasing tax-free earnings, it's just as important that long-time and new investors know the potential pitfalls and benefi...

Nick Mcroberts Can I sell to myself???
3 November 2021 | 8 replies

Good morning everyone! So I’m thinking of leaving federal service and moving what I have in TSP into a self directed IRA in order to purchase some rentals. I understand that all the income generated by that property n...

Bradley Britt New here! About me, my beginning plan, and a few finance issues
23 July 2020 | 8 replies

Hey yall! My name is Cole and I'm from middle Georgia.  I own two small businesses and currently 1 rental property.  The rental property I have is our first home which was an FHA loan and cash flows 425 per month.  
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