I am new to this forum but have seen some really great posts, advice and experiences shared on this forum. I am new to real estate investing and thinking of starting off by doing a "house hack" via renting out the unu...
I've got a great tenant and would like their security deposit to earn them as much interest as possible. The problem I'm encountering is most of the high yield (> 4.00%) savings accounts I've looked into don't seem...
I just recently stumbled upon the FIRE community and BiggerPockets. Seems to me that many people who have achieved FIRE got there by maxing out their tax advantaged retirement accounts and then use the 4% rule to liv...
Hello! I bought a house and have three roommates living with me. I am looking to buy another house in late 2025 to move to and house hack again but I feel like I have info overload!1. Who would I talk to in order to f...
Hello fellow househackers!
Two questions for the group in celebration of tax holiday cheer.
1. Does your tax preparer have you use a 1040 schedule E or 1040 Schedule C?
2. Which portion of the tax code do they ref...
Is interest rate cap payment received by the borrower considered income?
Is the following statement true:
Under Generally Accepted Accounting Principles (GAAP), interest cap premium payments received by the borrow...
I have a somewhat specific tax related question I'd like to see if anyone has encountered before.(Standard disclaimers apply, you're not giving me tax advice or financial advice, just looking for general resources etc...
I just finished EOY tax planning sessions with my clients, and Roth conversion was one of the topics. It reminded me how confused most investors are about Roth and prompted me to write this long post. Since Roth-relat...
Hi everybody,I am new to this forum and real estate in general. I am trying to figure out what I can do with my 401K from a previous employer. I know I can roll it over into an SDIRA account. However, if I understand ...
I am looking to set up an account at a bank different than my personal one for rental property expenses/income and savings. However most places are saying I need an LLC In order to use the accounts for a rental proper...