Joseph Niedermeyer
Newbie question on personal income and rental income deductions
Long time lover of real estate but relative newbie to investing. It’s tax Season and in doing our 2019 taxes I asked about strategies for reducing taxes. I made just shy of $100k last year and want to start investing ...
Joe P.
How much should I spend on tax planning?
I own a business flipping vacant land properties so according to the irs I am a real estate dealer and my income is taxed as ordinary income which includes the full 15% self employment tax. I recently found out about...
Bradley Coleman
Best Lease Agreement?
Good morning, Ok that took a bit longer than anticipated, but I finally found a good tenant. However, I seemed to have put the cart before the horse because I don't have any lease agreements ready to deploy. Can you g...
Dan Miles
ROI or cashflow....or both?
Hi BPers! I'm just trying to figure out what is better to shoot for. Cashflow or ROI. I can't seem to find anything that gets better than 10% ROI. This is cash on cash. I do have to finance. I hear a bunch of p...
Christina Galdieri
1031 Exchange for a small business?
Hi All, Is there such a thing as doing a 1031 exchange or a small business. For example if I sold my business then used the proceeds to acquire another one or several?
Ryan Kennedy
2-Unit New Construction Condo House Hack?
My wife and I are under contract on an urban residential lot, and we're trying to figure out the best way to utilize it. The lot has a small cottage in the back, and plenty of room for a duplex in the front. Our initi...
Jim Stanley
Tenant offered above asked rent- legal to accept?
I’m showing a property today and 2 days from nowA tennant offered $150 over rent if he can sight today. But I haven’t shown it to everybody who applied Seems unfair but it’s tempting Legal?What would you do?Thanks
Ondrej Brown
Using Roth IRA to buy property ?
Can you use your Roth IRA to buy your first rental property? I was curious, I been putting a lot of money into my Roth but also saving extra funds on the side for strictly Real Estate . Please comment below some strat...
Andres Castaneda
22 YEARS OLD BUYING MY FIRST INVESTMENT PROPERTY
Hi everybody,I am new here to the BP community so I wanted to introduce myself! My name is Andre and I am a 22 year old realtor licensed in New England. This will be my second full year being licensed and I am in the ...
Jordan P.
How do you have your BRRRR business set up?
Hi BP members,
My husband and I are BRRRR investors in central Wisconsin (marital property state). We currently have one LLC, taxed as a disregarded entity, through which we purchase properties, rehab them, and then ...