I have a 401k from a previous employer and interested in the idea of using a portion of those funds for long term returns (buy and hold rental properties).  I have two questions.1.  How does a self directed IRA differ...

For 1099s issued to yourself for your compensation of an S corp, one has until the end of February instead of the end of January. I saw an ad at BP for processing 1099s but missed who the vendor was. I also called a l...

I have spent hundreds of enjoyable hours listening to Bigger Pockets podcasts,  and the new Money podcasts, and the new Business podcasts, as well as using the B.P. site to learn and delve deeper. BUT....I have not fo...

I recently read "Investing in Duplexes, Triplexes, and Quads: The Fastest and Safest Way to Real Estate Wealth" by Larry B. Loftis and he recommends finding a broker who will give1.5% of the purchase price to the buye...

I paid cash for a property and the bank will only loan me the amount of the sale and not include the cost of the repairs and rehab on the property. My understanding is a bank will do a construction loan and then lend ...

Hey BP!Looking for a second market for short term rentals or AirBnB’s in Florida. We’ll be visiting Jan 24-29 checking out a few areas: Boynton Beach, West Palm Beach, Delray and Palm Bay. Heading back in a few weeks ...

I want to make sure I got the full understanding when it comes to Partnership Financing.  Please if anyone can fill in the gaps.  1.) Fully Equity Partnership is mainly used when flipping Houses.  You use the funds of...

I invested 50K in a syndicate. They used cost seggregation and put 50K as losses in year 1.  This showed up in box2 of K1. My CPA put that as loss in my tax return and carried it over.Next year they sold the property ...