![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3083133/small_1721753447-avatar-andrewm1546.jpg?twic=v1/output=image&v=2)
I just turned 50, I've worked a great W2 for 26 years in tech sales/mgmt and managed to save $3M across 401k ($2M) and Stocks ($1M). I want out of the W2 world but the golden handcuffs (and 3 teenagers) keep me tether...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2182501/small_1630385378-avatar-robertw716.jpg?twic=v1/output=image&v=2)
My wife is of the Dave Ramsey thinking and continually states that debt is dumb and wanting to borrow money to purchase real estate is somehow immoral. I planned to BRRRR some properties since our primary residence is...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/410146/small_1696741500-avatar-johna57.jpg?twic=v1/output=image&v=2)
Hi everyone, I need some tax and legal advice in my situation where I have been incurring a good amount of unexpected expenses, and after some research tax rules seem to allow up to $25K of write-offs a year, but is p...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/302492/small_1621442909-avatar-flash1723.jpg?twic=v1/output=image&v=2)
Getting ready to start up a STR using a property inherited by my wife. We have an LLC which we operate as an S-Corp for our real estate business, but want to keep this venture separate from our brokerage business. S...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/690939/small_1630257108-avatar-smathew141.jpg?twic=v1/output=image&v=2)
Please prove this strategy wrong, but I have not been able to. I bought an investment home in Charlotte, NC (I live in FL) when my child was born (14 yrs ago) for $124k that is now worth $340k today. Because I switc...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/44219/small_1694727071-avatar-jeremyjacob.jpg?twic=v1/output=image&v=2)
I am at a crossroads and need some advice.
My goal is to have enough income from my rentals to quit my job and manage full time. I think I am about 7-10 more houses away from acheiving this goal. Currently I have 9 re...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1730204/small_1694693125-avatar-sergioa51.jpg?twic=v1/output=image&v=2)
I’m in my 20’s and was wondering what someone my age should have saved up by 30 in order to be able to retire early by age 40.I contribute to 401k and Roth IRA but I’m more interested in hearing peoples opinions on ho...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/677493/small_1621495269-avatar-tawniev.jpg?twic=v1/output=image&v=2)
Hello BP,My spouse and I bought a single family home with an ADU last year. We lived in the ADU and rented out the main home. So we were able to have a pretty great relationship with our tenants and really be on top o...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/56917/small_1621412427-avatar-jaham.jpg?twic=v1/output=image&v=2)
I had a thought that you could potentially use RE to bypass inheritance and gift tax issues. I know that you are only allowed to gift about $12,000 to any one individual, and I know the goverment taxes you when you di...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/22810/small_1621362016-avatar-tiara.jpg?twic=v1/output=image&v=2)
Hello everyone.
I have a few quick questions about the first time home buyers tax credit. I am a college student looking for a place to live permanently until I finish up my last few years of college. Since the tax c...