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Results (8964)
Albert E Harris III Do i use cash or down payment for Brrrring
11 March 2020 | 3 replies

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?

Jeffrey Wolff LLC startup-costs / reimbursed business expense
12 September 2014 | 1 reply

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...

Conner Bland South State Ave - Flip
18 January 2020 | 5 replies

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...

John Jacobs UBIT and my self-directed Roth IRA
30 April 2021 | 1 reply

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...

Mike Huang NY Direct Deposit from Property Manager
31 May 2017 | 0 replies

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...

Amy Fortes MA rent increase and notification time frames
6 June 2022 | 0 replies

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...

Charles D. Smith Good Practice to Recordkeep
9 February 2022 | 0 replies

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...

Deborah S Huff Rental turned "Flip?" - How will it be taxed?
12 January 2021 | 2 replies

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...

John Lindenauer self directed ira help
11 September 2019 | 2 replies

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.

Drew Denham Do any banks do 20% down on MFH?
26 January 2017 | 1 reply

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