Jameson Sullivan
accessing equity without a loan?
so I've got about 125k of equity in my home and was planning on refinancing to capture that equity for my next project but no-one will loan because my employment isn't "permanent". It's a long term job that i will lea...
Zachary C.
No Interest in the Self Employed
Hello,So I'm brand new to REI and in fact cannot truly put the "I" on the end of that acronym yet. So far I have just been researching and trying to take in as much information as possible. I realize that you study al...
Justin Reed
Borrowing Against Self Directed IRA
Hey everyone, I have a 401k from a previous employer that I was planning on moving into a self directed IRA. I just was wondering if you are allowed to borrow on margin with it? I'm sure every place is different but I...
Mark Page
Avoiding 401K early withdrawal taxes, penalties ?
So I’ve borrowed against my 401 k to purchase my first short term rental property. Fortunately it’s doing really well. I need funds for my next properties and I’m planning to liquidate my 401k so I can invest that mon...
Levi Brackman
Thesis driven real estate investment strategies
I know several different methods to investing in real estate, such as Fix and Flipping and the BRRRR method. Many of these are driven by COC returns and yield. But does anyone have a thesis-driven approach? Such an ap...
Ana Huffer
Stated income HELOC?
We'd like to get a HELOC to be able to have money to put down with a HML in order to be able to purchase a property to fix and flip.We have about $150k in equity in our personal home. We have credit scores in the mid...
Lucia Robledo
New Investor looking for Guidance
Greetings BP community,My name is Lucia. I’m a beginner in real estate investing. I’ve done some learning over the past few weeks on the basics to R.E.I. I’ve gathered a good bit of knowledge on the industry with a wh...
Luis Arguello
Strategies to reduce taxable income while deploying capital to build wealth?
I manage 150 units across 30 properties in Miami. I work for a single owner. We are projecting to pay taxes on $1,500,000 for this year and $2,400,000 next year. That about $500,000 in taxes this year and $800,000 nex...
Angel Moreno
ready to take next step, guidance needed.
Hello everyone. I can't believe it's been over a year since I introduced myself to BP. I never took it to step 1, jumping in. I just got outsourced and my 401k will be available to use for investing. I don't have muc...
Shawn Connors
Tax Question
Hey BP,
In 2015 I started my LLC and I also have a full time job. My question is this...
If I spent money on marketing for REI can I write that off on my taxes this year?