Zach P.
FICA TAX Question (EMPLOYEE and EMPLOYER/EMPLOYEE SIDE BUSINESS)
I'm hoping a tax expert can answer this question I have. In my current job, I make close to the fica cap which my employer pays both employer and my portion as the employee. I only contribute the matching 5% to my 401...
Kurt Bouma
Not able to hold real estate as an investment within an IRA?
My financial advisor had this to say in regards to the question of whether or not I could (without penalty) use funds in a self-directed roth IRA as a down payment on an investment property. I have no reason to doubt ...
Brent Blaha
2019 Schedule A and Schedule E figures for three properties
Apologies in advance for the lengthy post.On 1 January 2019 my wife and I owned our primary residence and a rental property a three hour drive from our primary residence. That is the last day I think I fully understo...
Justin Woodworth
Syndication and Small Multifamily Homes
Hello fellow BP'ers. Recently I have bought a duplex in Madison WI as my first investment and am looking to keep the train rolling. I work a lot of hours at my job and I have eliminated most expenses in my life. I hav...
Alicia Ayers
Gave emd money want it back
I gave my end money to an auction site. Found out the house isn’t worth what I bidded for. What my emd money back. Any help?
Joe Blakley
Buying Rentals in an Uncertain Market
Last week I pulled the plug on the purchase of a fourplex during inspection because the numbers weren't going to work out if the RE market dropped much and the property needed rehab the owner didn't want to deduct for...
Anne Coleman
Using Facebook or other social media to screen tenants
HI, I was just wondering if anyone is using Facebook, instagram, etc. to make informed decisions on potential tenants in addition to all other background checks and references. If so, how are you approaching the us...
Kim Parker
MTR Early termination - what do you do?
Hi BiggerPockets community,We have a house that we are furnishing as an MTR and STR between guests. I had a question from a potential tenant yesterday about our early termination/cancellation policy. On our LTR and pr...
Ibrahim Hughes
Pricing An Appraised Property
Hi All. This is my first property where I got it appraised before selling. I'm usually good with determining ARV's but this is a historic home so I got a certified appraisal done before I place it back on the market.
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When to Fold
I don't know if we have what it takes to manage the stress when the bills mount. It feels like we're too much in debt but maybe we're not used to what to expect and are over reacting. We're in our fifties with no reti...