I have a friend who would like to put some of his money to work in my real estate investments. He currently has an IRA with ~$55K in an UBS account with a number of market investments. The investments are marginally p...
Hi all - first post here so bear with me, I’ll try to keep it concise. In short, I’m preparing my finances here to put me in a position to purchase an investment property. Due to new COVID-19 developments, it’s my und...
So I've already gotten one surprise in this adventure... I discovered that dad's Living Trust becomes an irrevocable trust upon his death. I've already gotten an EIN for the trust, but I'm really unclear on how I do ...
I have a duplex in a rent controlled part of Los Angeles. I live in one unit and rent the other. My tenant recently broke up with her boyfriend (who WAS on the lease but got removed through and addendum) and is now da...
Myself and my sister are looking to fix my grandmas house and sell it. We’re just not sure whether or not it would be more beneficial to switch it into our names first and then fix and sell, Or fix it up and sell it i...
Hi all,I'm in Bay Area and I'm having a new construction project on a land.I searched in Google for the average of land survey cost and it is about 300-800. I also found some other posts about the similar price (https...
I am a financial adviser and some clients asked me this last night and I don't know the answer. Hoping y'all can help.Clients own a home (SFR) in South Carolina. The mortgage is paid and it has been a rental property ...
Hello again everyone,This question has been bothering me for quite some time now, so:I have a one door condo flat on the second floor w/ HOA that currently cash flows about 400/month.Purchased the property for $110,00...
Hi All,
I just created a BiggerPockets account, and I am a tax lawyer located in Toronto, Canada. If anyone has investments in Canada or is considering making investments in Canada, feel free to reach out!
Thank you.
Hello guys:I wanted your opinion on my intention of cashing out my 401k and Roth IRA account to use the money to buy real estate. I think real estate market has better opportunities at the moment and more potential in...