Ramon Mota
What to do when dealing with family?
After the passing of a family member I inherited a property. The spouse was still living there and the property was under a prenuptial agreement. As we took over the property we had the spouse stay for an agreed 820 a...
Orane Jacobs
House Hacking New Jersey
I have been in a house hack in the Jersey City Area for three years and I am now looking to get into another house hack in the Jersey City Area or even outside with an hour commute to NYC. I was wondering if it's stil...
Tracey Hamilton
Where to put expenses for efficient tax prep?
My husband and I have an LLC for our flip business, which is also a licensed general contractor business, in Oregon. I personally also have my Oregon real estate broker's license, which I obtained to help with the bu...
Emily Poerio
Bank Accounts / Cash Flow / CC - best operational structure flow of funds
Hello - I am new to REI and getting ready to close on my first set of properties. I have a structure that is a Master LLC and subentities that will be used if either STR or LTR. I currently have 1 Business Bank Acco...
John Horner
Alternatives to outrageous Obamacare priced health insurance?
Hey all, I quit my W2 6 months ago with solid reserve set aside and a proven business model. My business is going well and my wife was being offered insurance as a part time RN, but as of December 31st they are resci...
Isaiah Tademy
Real Estate Professional Status & Taking Losses Against Full Time Income
Hello BP Community,I'm a bit stumped. I've talked to several investors and my CPA and am getting different answers. I am a full time insurance agent with a relatively high income, and my wife got her real estate licen...
Account Closed
Must Know Real Estate Tax Saving Strategies for Investors
Real estate can be a rewarding investment, but it also comes with various financial responsibilities, including taxes. Fortunately, there are several tax-saving strategies that property owners can utilize to maximize ...
Paul Staszel
Using 401K to buy rental!
Has anyone used their 401K to buy a rental and receive tax free income ? If so, how does one go about doing so? Would I be able to make repairs out of pocket or does everything have to be from the 401K?
Michael Spindler
Owner financing tax implications
What are the tax implications of owner financing from the sellers perspective?
Zachary Peacock
Property Zoned as "Urban Neighborhood - Un" - What does it mean?
The zoning is "Urban Neighborhood-UN" with single family zoning. Maybe it predates zoning? I can't find any details about it. I know they use urban and suburban zoning since my city merged governments between the city...