Eric Ferrer
401k loan for real estate investing
Happy new year to everyone! Would like some feedback and perspective on using a 401K loan for real estate investing purposes. Thoughts?
Stewart Battle
Any suggestions on finding lenders in Michigan?
Hi everyone,
I’m new to Bigger Pockets, but am preparing to jump in with my first BRRR soon and would like to get something lined up with a lender or two before I take any further steps. I’m in the metro Detroit area...
Stuart M.
Expense Real Estate Taxes on Sched A before in-service?
Can you put the real estate taxes on your schedule A while the property is undergoing renovations, before the property is placed in-service? I was under the impression that you cannot, that they must be added to the ...
Jason V.
Section 121 gains exclusion reported on what IRS forms if home was rental for 2 yrs??
It's my understanding that if there's a "partial exclusion", I'd use a Form 8949 with Code H...And if it's "fully excluded" and there's no 1099-S issued (which I indeed received no 1099-S), then I'd simply not mention...
N/A N/A
New Member (501 C3 and LLC incorporation)
I found your club through myspace.com. I spent the better part of the day reading through threads and posts of which I found very informative. However, I did not find anything about starting a leasing company or creat...
Eric Schwake
Thinking about rental properties using Self Directed IRA.
My first post to BP. Posted the same to Reddit but think there might be some different opinions here.I've currently got an IRA with Betterment that has around 180K. I've been looking at RE Investing as an option to g...
Robert Karnes
Self-Directed IRA to purchase Short Term Rental with Arbitrage
Hi All,I am looking at making a purchase of a vacation rental with my SDIRA. I have had long term rentals held this way and I am pretty familiar with the basic rules related to performing work, UBIT, etc.To set it up ...
Yoshi M.
Max Out Roth 401K or Real Estate
I have no debt, nor did I ever. Not a penny. I paid cash for my undergraduate degree. I paid cash for my car. I paid cash for my home. I have no credit card debt. I'll have finished earning my masters, which I paid ca...
Ben Ravenscroft
tax implications for resident becoming non resident
I'm in somewhat of a unique situation - I'm currently looking to make an investment in a residential property as a permanent resident / green card holder. However there is a small chance that at some point I may lose ...
Daniel H.
Depreciation
If I purchase a home for $25,000 cash, then spend $15,000 to fix it up, then refinance at an appraised value of $100,000(just an example), would depreciation be based on the $25,000 plus improvements or would it be ba...