Andrew Namkoong
Real LLC Tax example
Hi everyone,I am trying to understand this whole tax situation with a LLC and how we actually get taxed.Say I have a property, under my personal name, that generates $1,000 per month on rents and $800 per month on all...
Matt Mulvaney
Multi-family apartment syndication
I’ve been chomping at the bit to get into apartment syndication and am actively looking for deals. I’ve been researching by listening to podcasts and reading books such as Apartment Syndication by Vinney Chopra. Any g...
Christine Krizenesky
Using Personal HELOC to buy a flip house
I recently used a personal HELOC to purchase a flip house then rehabbed and sold the house. I decided to use a 1031 exchange for the tax advantages and our accountant told us we can’t use any of the proceeds to pay ...
Dennis Gilgallon
Dennis Gilgallon - Newbie from North Arlington, NJ
Hi all:
My name, as you guessed, is Dennis Gilgallon. I am a non-real estate Project Manager from North Arlington, NJ. This is basically between Jersey City and Newark.
I have been researching and r...
Kris Zabish
New to BP and just bought 6 BP Books!
Hello! My name is Kris and I'm pretty new to Bigger Pockets. I had to post the amazing book deals happening right now until Monday Nov 26, 2018. I just bought 6! I have already finished:Set for life - Scott Trench (ch...
Drew Sing
250k & able to move/work from anywhere: wwyd for next REI?
Hopefully this is a fun “what would you do” RE question for the unique times we all live in:
If your goal was to get to $4000/month in income asap or by 2023 and you have/make...
50k in cash.200k in stock you’re com...
Lukas Iraola
Tax Help! / Smart Ways to Invest Money
Hey everyone,
I'm a 30 year old real estate agent who owns a team in the DC area. I'm looking for some tax advice.
I'm making over $500k / year in my business and living well below my means. I'm looking to invest mo...
Chad Lovan
Realtor License to start a LLC?
Hello BP,As I am continuing my journey into REI, I am thinking of starting a LLC in NC(state I live and will be buying/holding/selling property. I was told by a friend who is a current investor and major Real Estate A...
Ernie Espinoza
Renting my Owner occupied home while i live in the In-Law
I just purchased my first single family 3 bedroom house that came with a non-permitted detached in-law unit in the back, typical for Oakland Ca. I am planning on living in the in-law unit since I got an owner occupie...
Mandy Cohen
Opportunity Zone Investing
I am very interested in the new Opportunity Zone introduced to us by Amanda Han, CPA a while back. There's quite a bit of talk online, but not exactly on how to set up the Opportunity Fund and to get it going. There i...