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Results (4394)
James Sedano IRA withdrawal to fund investment properties, can a cost seg help to reduce tax bill?
14 October 2024 | 12 replies

Hi all,
As titled.. I did a IRA withdrawal of 300k to buy 2 condos in May/June 2024. 
I didn’t paid the 10% penalty fee. 
I’m not currently working so my income is basically the 300k + (28k gross or 15k net) from a...

Chris Seveney Broker Price Opinions are useless
31 July 2024 | 19 replies

As an investor who orders a significant number of exterior inspections on properties - I wanted to get others opinion on BPO’sPrimarily I find them useless. The valuations on them appear to be completely arbitrary and...

Shaun C. My First Flip. 8 months and Counting and Hopefully $150k Profit
11 February 2019 | 72 replies

This is the After:This is when we bought it:This is going to be an in depth write up of the work we completed on my first flip, located in a wealthy suburb of Detroit that will hopefully net us around $150k (eat that ...

Tom Wheelwright Two (2) Ways to Take Your Rental Real Estate Losses
19 March 2008 | 0 replies

Even if you have strong positive cash flow from your rental real estate, chances are you still have a loss for tax purposes due to the depreciation deduction.

This is a great tax strategy because your positive cash ...

Benjamin Eccles "On campus" Investing
7 August 2016 | 5 replies

Hello all,

I am wondering if anyone has had experience and/or success doing rentals on/near college campuses. It seems like a great idea to me to get into a 4 unit apartment fill it with college students who are will...

Luke Izlar How to buy property as a 3 way partnership safely?
10 January 2020 | 1 reply

So myself and 2 co-workers who all share a common interest in REI have decided to team up and form a 3 way partnership to help split the duties and financial risks between us. We have decided to use the BRRRR method.W...

Shawn Quigg Ramping up our REI business
24 February 2020 | 4 replies

Hey BP!

My business partner and I are excited to share we’ve taken solid action in the past few months to get our business off the ground. We already own a high performing student rental in Windsor, ON which is cas...

Norman Berman I know nothing about construction and rehabs. Help.
23 September 2020 | 1 reply

Hi folks,
Total noob here, planning to make OOS buy and hold investments. 
As I learn more about this business, I think one of my biggest weaknesses is that I know nothing about house construction or rehab. 
I grew...

Jack Taylor Earnest Money / Backout Question
21 October 2016 | 4 replies

I've got some earnest money down on a fixer upper, but I've realized there are more problems than were written down on the disclosures form. Is this grounds to back out of the deal and get the earnest money back?

Jared W Smith Single Family Renovation in NY - Estate Purchase
14 December 2018 | 6 replies

Hello all, I've been on the forums here for about 5-6 months now learning about REI as well as providing candid and anecdotal responses related to construction being a licensed architect myself. I've had several conne...