Zac Starr
Keep Renting or cash out? HELP
I have a 1972 1500sq ft Mobil home on a 0.4 acre lot. I own both free and clear and am currently collecting $1350/no rent ($1270 after PM fee). My concern is , I have a credit card that has a $30,000 balance with the ...
Mikael Winkler
Strategy to Avoid Capital Gains Tax
Hello BP!I've been kicking around a capital gains question for awhile, hoping to get some insight. To preface, I'm planning to cash out of a duplex I own in my personal name, either through a sale to my partner or on ...
Jackie Linne
Taxes question for LLCs
I recently created a Single Member LLC, mainly because I don't have trusted partner(s), so I didn't have a choice.Is it true that SM LLCs do not have to report federal taxes and all profit/loss activities should be re...
Morgan Nilsen
am i overleveraged
Can someone provide me with a formula or something to tell me if im over leveraged?
Renae Bliss
H E L P!!! I'm beyond ready!
I am a single mother of 2 "special needs" kids... I am a licensed Real Estate agent in WI.... I have no car, crappy credit, and no money... I LOVE real estate.... I have read at least 20 books, gone to at least 3-4 s...
AJ Wong
How to lower property management costs on luxury STR vacation rental property
When analyzing a luxury short term rental (STR) vacation home for investment in today's mortgage rate environment, the ROI & margins can be extremely tight. Investors that are looking to offset their investment co...
Jason Stern
Self Employed Tax Savings & Use For Future Real Estate Investing
I am looking for financial tips for my particular situation.... I am a firefighter and also a self employed business owner. I work full time as a firefighter in Miami working my normal 24hrs on, 48hrs off. I also work...
Kelly Byrd
Anyone with experience investing in a note fund?
Hi, I joined a while back but have been quiet. I have spent a bunch of time researching RE notes and looking at various ways to get exposure to this asset class. I don't yet want to actively trade notes myself, so I'm...
Account Closed
Company Wide Bigger Pockets Challenge
Something interesting we have just started at Customer First Homes is the Bigger Pockets Showdown. It is a company wide competition for everyone to participate in. Almost like a Fantasy Football type game!
We start...
Coleman Nelson
Tax Implications of Equity in LLC in exchange for Sweat Equity?
I am partnering up with a couple guys who have a successful rental real estate business. I will become a member of their LLC in exchange for the work that I will be performing managing all of the rental properties. ...