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This free app let's you quickly determine when you can retire, is it just me or is this really useful? Anyone know of better apps you like for this or what you like to do for your personal calculations different from ...
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Newbie here. I need help. Here is my situation. My wife and I want to get involved in REI but don't know what to do with our current home.Should we re-fi and rent it out and cash flow ~200?Should we sell and pocket ~7...
Hey my name is Devin I live in Lubbock TX and I’m trying to begin my Real Estate Investing career.Doing my homework and through several different books I have came across different strategies in ways to start up . I a...
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Hello all,I am in a situation where I can sell my house hack which has been relatively successful for the past 1.5 years. I can make between 30-40k after selling costs and paying off remaining mortgage. For perspectiv...
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Newbie from Yorktown VA. My name is Michael Lindsay. REI is new to me but I have run successful businesses in the past. Yorktown is part of the Hampton Roads area in SE Virginia, on the Chesapeake Bay. In my day job I...
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I'm curious to learn who here looks at income taxes they way I do.
I want to reduce my tax burden as much as I can but increase my tax liability as much as I can.
If that seems to be a conflicting posit...
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Hi everyone,This is my very first post and i have a few questions. I just started listening to the bigger pockets podcasts and i am now obsessed. I love learning and trying to educate myself. It quickly became evident...
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If you get your REPS by materially participating more than half your time in real estate than your passive activity losses can offset your non-passive income, but how is it possible to acquire any non-passive income i...
Our current employer does not offer 401K. Started to invest on Roth IRA from past 5 years. The max is only 5.5K yearly contributions we can as per IRS limits. But some of my friends who work has 401K offered by thei...
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High w2 earner and was wondering what would be savings i make on tax regarding rental income after all tax write off?for example I’d need to make 18 at work to equal 9k rental income.
So I calculated that with real...