Hey guys! Question -- would a traditional bank give me a conventional mortgage for my first investment property if I live outside of the US and earn income outside of the US? I'm a US citizen, file taxes in US, have ...
What's up everyone! A close friend and I just had a discussion regarding the tax treatment of P&I. Whoever is right gets a bottle of Tito's so, no pressure here! While talking up funding strategies, I mentioned to...
Hello and thanks in advance for any constructive advice,Long story short, I was laid off last year and cash savings are all but evaporated. I've chosen to fund my first REI with cash from my self-directed IRA. Can a...
I have been reading rich dad poor dad and he seems to separate expenses and liabilities into two different columns. I guess they are two different things ? For some reason I see them as the same thing since they both ...
Hi all,I am getting ready to go through a divorce and am looking at getting about $250,000 from my wife's 403B. I currently do not have a retirement account except for my retirement from the Navy. I was told to set ...
I recently left my job and am subcontracting with my previous employer. I am assuming the income would qualify to open a solo self directed 401k and that I could rollover IRA funds into the account. My goal is to ...
I’m a newer investor. Currently we own (4) properties. Most are multi-unit. Since my earliest research, I’ve heard of the tax benefit that comes with real estate investing. I have a high income job that is not relat...
Bigger Pockets Community -
I'm trying to plan for the future and have a question I'd like your thoughts on.
Hi guys,I ran out of conventional loan slots. But, I have formed a partnership with someone who still has 9 left (he owns his personal residence). How do we buy property with his loan and my money? I know that some pe...
If i've filed personal taxes and listed my LLC as self employment is that all the filing that I need to do since LLC's are pass through tax entities?