I just had a consultation with someone who has the following story. Classic example of a prohibited transaction. Sometimes I hear arguments against “checkbook control” that custodian is there to protect your IRA and p...

I plan on calling my 401K company first thing Monday morning, but I was wondering if anyone on here had any experience with 401K loans? There is a property for sale in my neighborhood, 3 bed, 2 bath, 1000 sq ft fo...

What's your most successful apartment deal?
How much money did you make?
What are the problems you've encountered?
What are the lessons you've learned?
Here's mine:
The Deal
The apartment community is called Wyo...

Hello Everyone!I have two rentals in Memphis. Both are 3BRs, and they both have Section 8 tenants in place. One home is being rented for $1100/month and the other is getting $1250/month. Both homes were purchased in c...

I have poured my cash into STR construction projects, and so actually have a loss which nearly equals my income.Using the "STR Loophole", this should enable me to deduct these expenses from my W2 income. However, this...

A few minutes ago I was going to respond to yet another "I need a CPA" post and noticed I was currently sitting at 999 posts. So I decided to instead detail how contributing to BiggerPockets (BP) has helped me grow pe...

Tis the season. End of the year. The season of Bigger Pockets investors posting 10 nearly identical "Looking for a CPA" messages per day.
Disclosure: I am one of those people you are looking for. But this post is not...

Soo... I hate to resort to this type of question but I have read and read and read and read and then Ive read some more on the subject and in fact am still reading on LLC & CORP with their different tax designatio...

I have been investing 401K funds through a self-directed DB plan in my company for a while, but now I have different 401K money coming in and wondering who uses retirement accounts with traditional stocks and who is i...

I've read through 10 pages of threads on conversions trying to answer my questions and haven't found the answer I'm looking for.

Here's the background.

Primary residence (from 2011) purchase price: $10k...