I'm new to BiggerPockets and this is my first post, so if this inquiry is in the wrong section or if it's redundant, my apologies.
I've got 11 rental properties in the Atlanta area with a monthly income of around $1...
Hi BP Community,My tenant's security deposit earned about $9 in interest this year. He is moving out at the end of the month, and assuming he will be getting his full deposit back, what do I do with the interest? I pr...
Hi, if my self-employment, single member LLC is at net loss this year, and I am the owner, can I still contribute to my solo 401k? I understand I can't make the company contribution because of net loss, but what about...
Hello everyone,I am a US citizen who lives and earns my income outside of the United States. I am working on starting my real estate investment path but I have run into a snag related to lending and mortgages. I have ...
I am about to purchase a rental property and I'm not sure whether I should go for the 15 yr note or the 30 yr note. The difference between the two mortgages is $245 per month. I plan on purchasing many more prope...
Lets see if anyone can help me with this scenario as I may face it in the near future...For scenario reasoning lets say I am typically in the 10% tax bracket.I purchase a lot on January 1, 2016 for $18,000 and start t...
I owned a land overseas which I recently sold. The land was a gift from my father. I do not owe any income taxes in the country because I owned it for many years. It used to be my home country where I was born. Howeve...
BP,I was speaking with a friend of mine who recently began working for a financial group. She mentioned that she had a few clients that had use their overfunded life insurance policy as financing for a deal. Basically...
Hi everyone,I am new to the forum but have been listening to Bigger Pockets podcast for sometime now. I am currently at a crossroads for selling or renting a single family home I own in Virginia. The house is 5 years ...
Paid off our existing home in 2023. Just purchased a new home and will close on that home on 8/30/2024. Was hoping to rent out our existing home and use the rent to pay down our new home mortgage faster. Assuming w...