Matt M.
New Member from Kansas City
Hello BP Community - My name is Matt and I live in Kansas City (Liberty area). I’m just getting started in REI, as my only experience is navigating the build process on our primary residence. I’ve been digging in de...
Bryan Hancock
Tax Advantages For Whole Life Insurance Policies For Those With Payroll
In a separate thread there was a discussion of using whole life insurance to shield income from taxation for business owners with a payroll. My understanding is that this technique is used so that the owner with payr...
Bowman Klinkenberg
Help finding my strengths - how can I help you?
Hello BP!I remember a lesson from my good friend while playing my favorite strategy game "Go" years ago. When I was struggling to find the next best move and looking at his last move, he said "beginner players let str...
Carson Waller
Starting an Business Entity Advise
I am planning on starting my Real Estate Investment journey in the next 12 months and am setting the ground work. I am partnering with two business partners and am trying to figure out how to structure our business. W...
Mark Ronquillo
Should I buy my first residence or rental property?
Hello everyone, I’m looking to purchase my first rental property. I’m greener than the grass on the other side at this point, but I am eager to learn the real estate business. I came across a great deal (at least that...
Patrick Maynard
Which to pay off? Is a debt free prop better than $ in the bank
I know paying off mortgages is covered many times on this forum, but all the OP's seem to have a different reason for posting. I've had both my 2 family and personal home since 03. We are able to pay off one and eve...
Brick Biermann
Using Cash Out Funds to Purchase Primary
Hello All,
I recently completed a refi/cash-out on my multi-unit (4 units) property which I also use as my primary residence [been living in one of the units for several yrs]. At one point during the process of the r...
Rao V.
Question on doing 1031
Hi,I acquired a rental on cash for $100k few years ago and it has tenants.The property is worth 200k. so my gain is 100k.What is best option I have to defer any tax gain.1- Buy another project for flip using 1031 and ...
Edward Stevenson
Renting Primary Dwelling & ADU
Hi BP!With the owner occupied exemption coming into effect in California allowing landlords to rent out both the primary residence and the ADU, has anyone taken advantage of this? How have the returns looked?Any probl...
Leslie B.
How to: Buy rental & preserve first time home buyers credit
As a first time home buyer, how can I get started with investment properties and retain my first time home buyer benefits for when I am ready to purchase my first home to live in? Currently, I live in San Francisco, I...