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Hi Everyone,I am currently under attorney review on my first property in Northern New Jersey. The purchase price is 270k, it's a 3 bedroom, two-unit property. with 2 bedrooms up and 1 down. Property taxes are 4,800 an...
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I’m a 20 year old looking to start investing. I’ve always been interested in investing and living on my own terms, since high school I knew I wanted to go down this route but I was very lost. I went to college for abo...
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Hi there, I am two weeks into my FI journey and I recently found a savings (traditional) account I had forgot about and with it I have a couple of options: (1) forget about it again, (2) pay off my car, or (3) combine...
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Hey BP,My name is Brock and I am looking to start my Real Estate Investing Journey. A little bit about myself.About three years ago, I started getting into reading books, mainly personal development books. In my firs...
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So my wife and I created an LLC with an EIN and are about to fund a company bank account with our savings. It's a multi-member LLC, and I know we have to pay taxes on the profits (minus allowable deductions for the bu...
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Let's say I buy a property for $150,0003.5% down puts me at $5250 for a down payment. How much additional should I be looking to save for a safety net for the property (vacancies, repairs, closing fees, ect). I will a...
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I read a recent article about the importance of good tax strategist, I wonder if anyone has good recommendation for a tax strategist or CPA?
Thanks
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Is anyone aware of any Savings Accounts that pay high yield savings (1.6% or more) that allows you to open the account in your Solo 401k Trust EIN? I would like to be able to put my money to work in such an account w...
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I just want too know should I use one llc to flip property’s or should I continually make new ones with every flip? If you can please elaborate your opinion on both perspectives thanks in advance I appreciate it!
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Hello Everyone,
I am new to BiggerPockets and the real estate Industry. We bought a single family home in Deltona Florida in July 2022, but honestly we were really blind and ignorants through the whole process. A few...