If you have depreciation and interest deductions that can’t be used (say your before tax income is only $200, and your int/dep deductions are $5,000), are those unused deductions passive activity losses that are carri...
People over and over as a investor ask how you find your first deal and how you manage to get your investment funded? And what are the steps on closing the deal. - For looking for deals below: 1. Do you drive around ?...
Hi all, I'm curious if anyone can offer their opinion on how this prohibited transaction should be restructured:"Scott desires to purchase a rental property for $100K and would like to own the property personally but...
I’m looking at rolling over my 401K into either a Solo 401K or SDI. I’ve researched the pros and cons of each. My lean is Solo 401K because I have a small business. I also plan to buy real estate with it using leve...
Hello BP community! I'd love your wisdom on the following opportunity: An acquaintance approached me to participate in a commercial lease. The idea is they'll get a 10 yr lease on a commercial space, that they'll then...
I own and manage 2 single-family rentals, have rehabbed and sold a single family home and participated in a wholesale deal. I'm looking to re-learn the market and become a more active investor. Specifically, I'm looki...
Dear BP colleagues (especially those living in-, from the Netherlands and/or having knowledge of the Dutch tax/legal system),Background: Since some time now, we have been managing fix and flip deals in Spain (Barcelon...
If I have a Solo 401k funded at $200k and a traditional (company ran) 401k funded at 200k also, can I take $50k loan from each to have $100k for a downpayment on a rental property?
Wondering if anyone has done this. I didn't even realize this was an option, but saw today that I can take up to $6,000 out of my 401k for Hurricane relief with no paperwork or proof of hardship (and only a 10% tax ra...
I'm happy to announce that we crossed a new milestone today: 60,000 members
As I like to say every time we cross a new milestone, we couldn't have done it without you. Thanks for all your participation and interest ...