Shawn S.
SDIRA or IRA Loan
Would you advise trying to structure a SDIRA in order to put the money down on a few properties, or would I be better served to take out a loan from my IRA which would allow me to get the down payment money for one...
Brandon Warren
Lease STR to my LLC to improve DTI
I purchased a primary residence just over a year ago and lived in it for the 1 year I was required. I've now turned it into a STR and am in need of another primary residence. My problem is that the first house is stil...
Lucas Carroll
Primary Residence Turned Rental - Any Tax Savings Available Now?
Good afternoon all! Long time lurker, first time poster, glad to be here.
I was house hacking my primary residence in Conroe, Texas but I am going to turn it into a full blown rental as I'm away from home for work r...
Chris Ye
LLC payback to HELOC
We created a LLC to buy and hold rental properties. Because it is difficult for the new LLC to get bank loan, we applied a Home Equity Line of Credit (HELOC) under our own name. Our LLC has pur...
Luke Saglimbeni
How many properties per llc
How many properties in each LLC do you hold. One per llc? Or more? Can tenants sue funds from other properties in llc?
Thomas Breedlove
Should I elect my LLC to be taxed as a corporation?
HI Bigger pockets I'm a newbie here and just starting out. I'm currently try to form an LLC and am going through process now and should I elect to be taxed as an LLC or Corporation? All we will really be doing is the ...
DAVID GAGE
Umbrella policy Vs. LLC or both
Not sure this is the right place for this post but here it is anyways. I now have 4 SFH that i rent out and feel like its time to start thinking about some liability protection. I've started an LLC but still carry the...
Ben Bakhshi
Wells Fargo Update: No more loans if you have 4+ mortgages
We just got a HELOC approved with Wells Fargo for a borrower that has over 4 mortgages. We started an application for another HELOC and they said that their rules have recently changed.
Just so you know..
Jonathan Watson
HELOC vs Cash Out Refinance vs Stocks
With the approach of our 4th child (!) this October, I decided it was high time I diversify my family's investments. So, I started down the path of learning about REI, and have been immersing myself in it for the las...
Rory McGonigle
Tax Implications for Out of State Investors
What are your tax implications if you set up a LLC in your home state, but primarily buy RE in other states? Specifically for buy and hold REI. Would you owe any taxes to the state where your property is in? Or sim...