Jennifer W.
Crowdfunding, syndication or simply a loan?
I have been presented with my first deal from a trusted source to be a private investor. The primary investor plans to buy several houses in an up and coming market - Buy, Rehab, Rent, Repeat - buy more - etc for thre...
Saqib Raja
Should I withdrawal my 401K to expand real estate portfolio
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?
Karla Bazan
How to start with no capital and credit card debt
Hi,
I have heard many things about wholesaling, but I don’t know where to begin. My dream has always been to invest in real estate, and I was setting myself up for that financially. Unfortunately, last year I went th...
Michael Lerch
Need advice on taxes for S-Corp (good beginner lesson)
So I formed an LLC and opted to be taxed as an S-corp in 2012 thinking I'd save money on payroll taxes when I make a ton of money, well... like most new investors I only made a little... $1,650 I paid myself out of a ...
Andrew Carlson
Do you utilize traditional retirement investments?
I searched through the forums, and found a lot of people asking about liquidating 401k/IRA etc. But I could not find anything about whether or not BP members even put money into traditional retirement investments. So...
Michael Vincent cangialosi
Ideal Corporate Structure for Residential Rental Company
What is the ideal structure for a residential rental real estate company? I have been told that each property should be put into its own LLC. Do I need an umbrella company or corporation? What would be the advantage o...
John Matthew Johnston
Quick 1031 Exchange question
Doing first 1031 Exchange from property to property. My question is once I sell my new property will I have to pay double capital gains taxes( like for both properties) or just on the new property. Assuming of coarse ...
Jarred Black
Is rental income taxed?
I know some landlords that manage their own properties and collect their rents personally. I know some that record this income on their taxes and some that don't. Should landlords file rental income on their taxes or ...
Brendan Novisky
Help with quick analysis of 4-plex
I am looking at purchasing a 4-unit in Franklin county, OH and am looking for some other perspectives prior to putting in an offer. The details I know are:Purchase Price: $289,000Rents: range between $790-$875 (have n...
Marc Appel
Owning one rental outright vs two rentals with a mortgage.
I bought my first home last year at the young age of 32. I am hoping to fix it up and rent it out by the end of this year. I am very new to understanding property investments. So happy to have found Bigger Pockets and...