I plan to Brrrr in the near future, what is the best strategy? Can I buy properties through financing or do I need to buy with cash?
For the startup costs of a single-member RE holding LLC that were incurred before the corporation existed, but used to start the company, can those costs be put on the books as "unreimbursed business expenses" and the...
Investment Info:
Single-family residence fix & flip investment in Indianapolis.
Purchase price: $62,775
Cash invested: $84,983
Sale price: $198,500
Beautiful Fix & Flip in Indianapolis th...
Hello Bigger Pockets,
I was wondering whether my self-directed Roth IRA would incur UBIT in the
following scenario:
There will be a conventional loan (i.e. a bank) in first lien position.
My self-directed Roth IR...
Hi everyone!My PM has informed me that NY does not allow a B2B ACH deposit so he would have to bank wire our rent checks every month, which incurs a cost. Obviously this is only if I want to go down the direct deposit...
Hello,I'm a landlord in Massachusetts. Am planning to increase my rent to offset my increase in charges over the past 4 years that I've incurred. Do you know legally how much notice I need to give my tenant about th...
It is important for a landlord to keep organized and concise records of all income and expenses related to their rental properties. Good records will help the landlord monitor the progress of their rental property, pr...
I bought an out-of-state duplex intending to rehab and rent it. In 2019, I Rehabbed Unit 1, and advertised for rent but didn't find a tenant. In 2020, I rehabbed Unit 2, and now I want to sell the duplex in 2021. In...
Can I, without incurring tax penalties, rollover my 401k to an ira brokerage account, and then in the future, switch to a self directed ira so that I may invest in real estate.
Found a MFH I'm interested but most of the banks I've reached out to require 25% down and that is spreading me too thin. Has anyone had any luck with 20% down or even less?! :)Thanks all - DD