Marquis Harris
Should I cancel my 401k?
Hello Everyone,Im not sure if this is a stupid question to ask, but I am generally curious about the subject and would like to know what is the best step to take. Should I cancel my 401k?To give you a little backgroun...
Lauren Hogan
(SURVEY) It's tax season and we have a few questions!
BiggerPockets would like to know how you approach taxes. I've created a (less than) 5-minute survey and it's completely anonymous. You can take the survey here: https://www.surveymonkey.com/r/MJY6RD8 Thank you to ever...
Maria D.
Sell rental to buy primary residence- tax question
We are considering moving to a new area and would like to keep the home we currently live in as a rental. We would like to sell two smaller rentals we have to buy a new primary residence. We are looking for a primary ...
Arda Bircan
Short Term Rental Tax Loophole for Physicians
Investing in short-term rental (STR) properties and using the STR Tax Loophole is one of the few tax strategies that can save physicians with a fairly high W2 income 6 figures in taxes without working full-time in rea...
Greg Reese
What state is the best to open an LLC for real estate investment
I have a new business my family is creating for real estate investment. We are going to focus on small multi-family first, and then get into large multi-family. Where is the best state to open an LLC for this purpose...
Adam Jaspon
Is an LLC or a S-Corp the right entity for a rehabbing business?
I'm currently a landlord and utilize an LLC for that side of my investing, however I'm preparing to start a rehabbing business and I'm unsure whether an LLC or an S-corp will be more beneficial.Any advice is much appr...
Cole DeLucas
HELP! My first house hack - What the best strategy?
Hello BP Community!
I have just purchased my first home in the Northern Virginia area and plan to house hack the property with two other roommates for the next two years. It is a three bedroom townhouse in an appreci...
Bruce L.
Taxes on Paid Off Rental Property
Hi Guys,
I have one more payment in December of this year and one of my rental properties will be paid off.
What things do I need to plan on in the future now that the property is paid off?
How will this affect m...
Will Morrison
Bank accounts for investment properties
As an agent here in Western North Carolina I have been posed the question by a client whether or not it is better to have a separate bank account per investment property or to have all the income flow into one account...
Andrew Assman
Where do you park your investment savings?
My wife and I currently have three Ally savings accounts:
1). Emergency fund (4 months or so)
2). Investment savings (automatic contributions each pay period and dedicated to investments outside of our Roth/401k’s)
2...