Jingwen Ni
Question about saving taxes for high W-2 income
Hello, has anyone approached this issue and was able to overcome it? We are considered high earners and not able to take the passive income loss on schedule E due to the $150k cap thus unable to enjoy the depreciation...
Nathan H.
Selling Mobile Home to Tenants
Hi Bigger Pockets!I’m hoping to get some advice on how to structure the sale of mobile homes to several tenants at a MHP in Wyoming. What I’m trying to accomplish is 2 fold; a higher NOI on the land portion of a MHP a...
Grady L.
Tax question with home equity loans
Forgive me if this has been asked before. I have searched and haven't found anything.
I am trying to figure out all of the tax pitfalls when it comes to using a home equity loan to purchase additional rentals.
Her...
Justin Shepherd
401k Withdrawal to start RE investing
Hey everyone! I am new to real estate investing and wanted to run something by you. I am not set on it, but have considered making a 401k withdrawal to start investing in real estate. I own my house currently, but hes...
Eric Babcock
Buying First Investment or First Home?
I currently reside in Southern California where I am working very hard to afford the goal of homeownership for my family and I. Yet, I also want to begin my journey as a real estate investor. With that being said, wou...
Account Closed
FHA loan and Girlfriend
Hi,
Recently bought a townhouse in Baltimore with an FHA loan. Question to all, is it considered mortgage fraud to have girlfriend pay half of mortgage payments if she isnt on the deed to the house? Yet, we have been...
Tim Woodbridge
Analyzing mobile home parks
Hi all-
I'm looking into purchasing mobile home parks here in South Carolina. How does one analyze these? Do you treat it as a commercial property and base things off gross and net operating income?
Thanks in ad...
Joel Haas
When is it considered LIVING (FHA)
I would like to buy my 1st house with an FHA loan. But not sure how often I will be around for to live in my property, as my job requires difficult hours. Is there any requirement as to how frequent I need to occupy m...
Alex Weaver
My First Flip - A total gut in Speedway
Investment Info:
Single-family residence fix & flip investment in Speedway.
Purchase price: $60,000
Cash invested: $20,000
Sale price: $123,000
Originally purchased as my personal residence, ...
Matthew Malley
Primary Residence and LLC
Im currently in the process of purchasing my primary residence and have about a month until closing. I am also a part of a 3 person LLC that owns and manages a STR property - I own 40% of the business. We’re also in t...