Hello. My wife and I are physicians that like in CT and work in NY. We plan on purchasing our first out of state LTR. I am enrolled in Public Service Loan Forgiveness (PSLF) program and need to pay 10% of my taxable i...
So I own a triplex with 2 of the units being managed by a PM and used for Airbnb and myself living in the third and I have 20% equity. In the near future id like to move out and purchase another similar property but I...
Hello! First time posting, long time lurker.
Within the next 7 months, my partner and I are looking to purchase a duplex or triplex - with a 375k budget (on the high end). We plan on putting 10-20% down. We both wor...
Good afternoon bigger pockets,I’ve officially started my real estate journey after a case of analysis paralysis and a fear of jumping in due to the pandemic. I decided to finally get off the sidelines and jump into th...
I recently rolled a 401K into a SDIRA. At the time, I did not convert it to a ROTH SDIRA. I have purchased approx $25,000 in notes with the money but they have not been worked out yet thus they are still non-perform...
Hi Everyone,I am looking to purchase my first property as a long term rental, and I am planning on house hacking it as well. I was initially planning on purchasing a property in Philadelphia, outside of center city, h...
The stock market dumped all over itself today and if it does not bounce back tomorrow (fingers crossed) we may actually be close to capitulation.
Once, if, that happens we will bounce a round for a while then the beg...
Bear With Me...And Please Forgive My Tax Maze Ignorance
My understanding is that the basis of investments is stepped up at the death of individuals who execute transactions in a tax-efficient manner. For instance, t...