I have a rental home in zip code 23513 and wanted to know if it's worth switching the home to section eight? I understand that section eight makes those that qualify pay for a small portion of the rent and section eig...
I just had a consultation with someone who has the following story. Classic example of a prohibited transaction. Sometimes I hear arguments against “checkbook control” that custodian is there to protect your IRA and p...
Hi BP community,It’s taken awhile to get my financial planner to understand what I’m doing with Real Estate Investing. I interviewed a new one from a well regarded independent boutique firm and again he didn’t quite g...
I'm going to stop working in next few months, and spend the next 2 years doing my masters. I have about 60K in my current employers 401K that I will have an option to roll into an IRA once I stop working there. Sinc...
The new tax law starting in 1/1/2018 states you’re now capped out at $10,000 for SALT. There is no distinction between investment and home ownership in the law. That means you can’t legally deduct anymore then $10,000...
Hey everybody, I was just wondering if anybody has made use of the the CARES Act to withdraw money penalty free from their retirement accounts? I understand that you still have to pay taxes on the amount but you can s...
Hi all. I had an existing tenant contact me yesterday to say she would like to pay up rent for the year with her tax return. I have owned the property since October of 2014. It is a 6 unit property that I have been br...
I'm really interested in a Self Directed IRA. So far I'm just trying to understand it all being I'm new to real estate investing.My question is, can I convert my 401A, 403B from my current employer that I'm fully vest...
I am looking at buying investment property in Manchester or Rochester, NH, and they are much lower cost than where I am (DC), and I hear they are expected to grow significantly. Does anyone have information about expe...