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Results (10000)
Jennifer F. Investing in RE with IRA funds
13 May 2011 | 6 replies

Hello~
We have a dilemma and would appreciate anyone's input. We are both in our early 40's..no retirement at our place of employment where we both have been for over 20 years. Our jobs are very secure and we plan on ...

Hussein Al-asadi How do investing/partnering work?
22 April 2015 | 19 replies

Let say i find a good flipper whom have a good record, and this flipper need money to flip houses. If i provide the money how does the deal work? Do we split 50/50?Can i get into these kind of deal from sweden or do i...

Greg Cook When to hire a CPA for our team
25 August 2022 | 5 replies

My partner (also my fiance) have been vetting CPAs for the last month. After getting many proposals we are not sure the money we spend on them will be worth the money they will save us this year due to such a small po...

Account Closed Alot On The Plate, But It Ain’t Gon’, Eat Itself
11 June 2020 | 3 replies

1.) Why is it when buying a house from the tax sale,
Approximately 2-3weeks until afta auction is ONLY when I get possession?

2.) Describe a written notice to vacate.
Also, when is it ideal to be issued?

3....

Anthony Hicks Abvoiding Capital Gains Tax
1 October 2021 | 5 replies

After I sell my house I'm going to make 49k profit. I want to build a couple 4 plexes with the money but don't have all my ducks in a row yet. When I get the money, how do I avoid paying capital gains tax and how much...

Dru Steeby Deducting Capital Expenses and Maintenance
16 June 2014 | 5 replies

Hi BiggerPockets,I have a question about taxes that I can't seem to find the answer for on google. In my breakdown of my rental property I put away 5% for CapEx and 8% for maintenance. If I do not use this money in a ...

Isaac Hayes Retirement Account 10% Penalty to Access Real Estate
3 November 2021 | 5 replies

I plan to purchase a four-plex in Columbus, Ohio within the next two months. I had planned on liquidating a standard brokerage account for the down payment. However, because I plan to retire and live off passive incom...

Saqib Raja Should I withdrawal my 401K to expand real estate portfolio
1 March 2024 | 40 replies

Withdrawing 401K entails a 20% tax cut and 10% penalty fee but I want to use it to being my real estate journey and exit my 8-5 in the next 2 years. Any thoughts if this is a good plan?

Kim Frantum Bidding on tax auction property
1 August 2023 | 23 replies

I’m thinking about bidding on a property at a state tax auction. It’s a solid investment, Northern Michigan cottage with lake frontage. It will be a great STR for all four seasons or a quick flip depending on how high...

Account Closed The Annoying "mortgage interest" write off
15 February 2012 | 34 replies

Recently I've heard (or seen) some real estate guys preach and preach and preach about how keeping mortgage debt is good because you don't lose the mortgage interest deduction. This is very misleading to a new invest...