Michael C Williams
SALT Cap likely to be repealed
Democrats including Nancy Pelosi, Chuck Schumer, and Tom Suozzi are putting pressure on the current administration to repeal the controversial SALT (State and Local Tax) cap passed in the 2017 Tax Cuts and Jobs Act. T...
V B.
Bay Area, CA: Convert a Property from +ve to -ve Cash Flow?
All,
I have a SFH rental in Bay Area, CA. I have around 1.2 mil equity in the property and around ~460K loan. The house is cash flow +ve. Around 12K/year. I have high W-2 income (50% tax), and am thinking about doing...
V B.
Bay Area, CA: Convert a Property from +ve to -ve Cash Flow?
All,
I have a SFH rental in Bay Area, CA. I have around 1.2 mil equity in the property and around ~460K loan. The house is cash flow +ve. Around 12K/year. I have high W-2 income (50% tax), and am thinking about doing...
Dean Klein
Trading a classic car for rental property
I am considering putting my 1969 Charger up for trade on the right multi property in my area, I paid 25k for this car a few months ago and now the value has doubled, it's a General Lee, what, if any, taxes would I hav...
Anthony K.
Entity for Flip with 2 Silent Investors and 1 Managing Partner
I have a project that will have 2 investors who will pay for the property and rehab but not participate in the daily operations. The third partner (myself) will manage the project. Profits/losses will be split 33%, ...
Nicholas Rado
In Depth Look At My Financial/ Credit Building Plan and Questions
Hello everyone, I am looking to get into REI and am taking a hard look at my financial and credit situation to set real goals that will help me purchase my first property. Although I haven't been analyzing my finance...
Greg P.
Question for Flippers - Taxes
Hello, I am wondering how many of you save on taxes. I met with a accountant and he is saying over 250k a year is at a income bracket of around 33% plus there is state tax and social security, etc. Sound like a lot ...
Stacey Agustin
Thoughts on 401(k) vs Real Estate for Retirement?
I am currently saving up money for a down payment on my first investment property. I plan to use real estate investing as my primary retirement nest egg and as cash flow to sustain me after retirement. I just graduate...
Eliza Alexa
Cashing out in this seller's market...what to do with the Ca$h?
I "try" investing with the knowledge I get from BiggerPockets. I bought a Vegas townhome cash in the middle of the RE crash during the GFC of 2008-just as you guys taught. The Property increased by 147k . (SIDE N...
Frank Ja
Best Calculator for Rental (HOA, Depreciation, Taxes, etc..)
There are a number of websites having calculators (BP included) , but they are often lacking some of the points above.
Many resolved having their own Spreadsheet or financial Calculator, but unfortunately being a new...