Suade Anderson
Property Manager Tax Deductions
Hi Everyone,I apologize if this is a dumb question, but please enlighten me if you'd be so kind. Why wouldn't I hire a Property Manager if that is a Tax Deductible expense? Why would I do the work myself if the cost o...
Daniel Dietz
Partnering with your own SDIRA???
Hello,
I think I am making headway understanding things in this realm of SDIRAs, but still have a bit of confusing.
I read in different places that a person 'Can partner with your own SDIRA' to do real ...
Reuben Royal
Investor Skills
Hey guys, I'm looking to really improve as an investor. I'm looking to the pros for the question. If you had to choose 5 essential skills as an investor or just business in general, what would they be? I chose 5 becau...
Sheldon Vic
Sold family property and now need to account for deductions
Hello BP world,I am brand new to REI, so try to bear with me on this (lol). My uncle and I sold a family property (belonged to my grandparents, but they passed). The house was owned outright, and sold to a buyer (cur...
Jose Martinez
Looking for a House Fix/Flipper mentor (Houston)
HELLO everyone,My name is Jose and I hope this message finds everyone doing well. I am an aspiring real estate fix/flipper in the Houston area. I feel like I am stuck in a cycle of learning the process when it comes t...
Scot Evans
Atlanta Experienced Fix & Flippers
Hey BP Family,
I just finalized on my cash out refi on my primary residence. I was able to take out a total of $65k but only allowed to pocket $30k of the capital due to debts having to be paid. With the exception...
Gisael Gomez
How to fight Fort Bend Appraisal District
I bought a house in 2021 and value for first appraisal came around the price I bought my house for, but this year appraised value came up way higher and I am planning to dispute it, but I have a few questions regardin...
Weina Shi
Anyone used Bank of America for 401k Trust Bank Account?
Hi,I just started my solo 401k plan with https://www.solo401k.com/The plan provider has recommended Solera Bank. However, we already have an account with Bank of America and it would be easier if we can get the trust ...
Nathanael Greene
Structuring a private money investor deal
I have been searching for ways to understand how to structure a deal for investors on a multi family apartment. What are different percentages or ROI as well as a ratio of ownership like 50/50 ,70/30 and other ways. I...
Alex Locklear
Avoiding Title Seasoning
So a buddy of mine was explaining a way he thought I could avoid title seasoning on double closings.
He said what I should do is transfer the property to a land trust with the sellers as the beneficiary & my age...