Hello All,Our fix and flip business has had a lot of success and I am getting ready to quit my W2. Very exciting to get to this stage but it raises a few finance questions. I would ideally like to tap into my 403b t...
Hi -
May be a stupid query - but aren't we all learning !
Since we are moving and buying house in another city - we are trying to put the present house for rent - will this house ( rental) be considered as my inve...
Hi, Is it smarter to take the distribution on my self directed IRA in real estate and pay taxes now verses keeping it in the self directed IRA and pay taxes later when I sell. The property is a rental property and i...
Hi Everyone, I'm looking for some insight on how to reduce my taxable income. I already have a Roth IRA (Vanguard), but just recently heard about the backdoor IRA on the money podcast and was wondering if I would have...
Hello BP members,I'm looking to invest soon but I would like to educated on cash deals vs leverage.. What has better tax advantages and why? . Any advice would be greatly appreciated about this topic.Thank you
Hello BiggerPockets community,
My wife and I have a combined W-2 income of approximately $550K, supplemented by $100K in stock grants annually. The income distribution is roughly 60/40 between us. We’re long-term ren...
I was born in NJ-Carl Fischer- and raised in Ft Lauderdale. I learned from my parents and grand parents at a young age, about real estate and mail box money. I earned my engineering degree form Cornell University and ...
Just out of curiosity, how much monthly passive income would be enough to make you happy?
I own an investment property outright and I am curious if it is possible to transfer deed from my name to the SDIRA account I would set up? Would I be able to sell it to my SDIRA or would the deed just transfer with s...
I own a 7200 sq ft retail center in Oklahoma with no debt. I had someone that wanted to know if I would sell it to them. The price they offered was at or slightly above market $822k. The would be putting $90k down. ...