Dhruvrajsinh Parmar
Looking to invest around Cosby/Gatlinburg with partners
Hey all investing newbie here. Me and 2 other friends are looking to get started on our real estate investing journey. We each have funds that we would like to diversify. We are currently looking at single family home...
Jeff Libby
Paying off mortgage early or reinvesting in other ways
I have been wondering what would be a better strategy, making two extra mortgage payments/ year or using that money elsewhere. I'm going to use a basic mortgage calculator for the doing the math on this example.If I h...
Michael Sawers
Tax Deductions Exceeding Income
I have been analyzing houses for almost a year now. I understand the basics and really just need to dive in. One thing that has been a little confusing to me are the tax deductions. Off the top of my head, you can ...
Stephen Schoon
Can't finance duplex due to 2 separate structures?
Hey all, I'm offering on a property (in columbus oh) and my finance guy says he can't lend conventional fixed rate because it's a non-conforming property. It's one lot, residential, with 2 separate living structures...
Eden Meng
SDIRA With Check Book + UBIT Tax Consequence
Hi BP Community, I am currently in the process of setting up SDIRA with Check book control to do my flips. The proceeds from the flips will be re-invested in syndication deals or move back to invest in stock market. I...
Brad Herb
Syndication using SDIRA $
I have an opportunity to invest in a syndication. Initially I was planning to withdraw Roth IRA $ to invest. However, the sponsor said there is an option to invest in the syndication with a SDIRA. I am interested to ...
Josie Stephens
Akron, Oh Neighborhoods
I am starting my research on investing out of state in Akron, Oh. I’m looking for SFH and small multifamily as ltr. I would appreciate any help pointing me in the direction of A and B class neighborhoods in the area. ...
Eric Armstrong
How do you shield the equity in your rental property?
How do you like to shield the equity in your property? I have used a HELOC on a property that has 50% equity, but was wondering what other ways landlords have used. I’m not sure that, at this stage in my investing ca...
Dean Velodota
Taxes and house hacking with income
Multi-family owner-occupied home—I live in the bottom apartment. Partner and I have an LLC and, to be fair, since we both purchased the home 50/50, I’m paying “rent” each month to the LLC. We can now only deduct the...
Devin Troche
Does 1031 exchange apply to hard money profit?
Would a 1031 exchange be able to be used for money received back from a hard money loan? If not what would be the best way to reinvest so taxes would be minimal? We invested in a property here in Hawaii 2 1/2 years ag...