Hi Everyone,I am currently saving with the mind frame of doing a flip to finance a buy and hold and pay off my debt and then continue on with flips and buy and holds after my debt is paid.But..In a recent personal fin...

Hi everyone, I live in Pa, and I was wondering about starting up an LLC. So I’ve read I have to start an LLC in Pa because it’s where I reside, but I could create an LLC in a state, let’s use Wyoming for instance, tha...

Hello,I'm a full time professional musician, I'm blessed to be able to do this for a living. But this career won't last forever and neither will my youth. I'm 29 and I'm saving every extra dime to invest in future ass...

I had a new water heater installed in the rental (before I placed the rental in service, if that matters). Do I have to depreciate the water heater like I would a kitchen appliance, or is it okay to treat it as a repa...

I'm going to start doing buy/rehab/sell deals with a money partner. We'll be 50/50 profits and losses. The purchase and rehab will be funded 100% from his money. I will be doing all of the finding and project manag...

I have a one family house renting out the top living in the basement. My CPA says when I file I should not file showing the rental income because if I want to sell then I will not get the 250,000 tax free allowance. I...

Hello All,I've almost been getting more and more confused the deeper I go into the self directed Solo 401k/IRA information.I have 3 accounts from my past employment that include a 401k, a Safe Harbor IRA, and money in...

Okay, this is only my second post.  I'm sure I'll take a few months before I figure out exactly which strategy I want to go with.  It'll be completely passive over the next few years since I have a career that I enjoy...

I'm just now beginning to feel comfortable considering an out of state investment.  Property taxes seem to be a topic of much conversation (I'm in TX)...so I'm curious  to do a poll -- what are property tax rates like...

Hello Bigger Pocket Members, I request your advice from experienced folks. I live in Florida but I have 12  rentals up in Michigan. They are all currently in my personal name.I was considering putting even a $2M umbre...