Christian Bukle
Bigger Pockets Introduction Post!!!
Good Afternoon Everyone,My name is Christian Bukle, and I’m excited to introduce myself to you all. My journey has been anything but conventional, but it has shaped me into who I am today. After high school, I pursue...
Frank C.
Military member selling home in NJ, TAX question?
Hey everyone, I am a investor with experience in SC, NC, & TN. I have a fair deal of experience with the real estate laws/codes in those states, but I have a colleague ask for advice today and I am hoping that you...
Tim Ball
A couple questions on tax lien investments
Lets say the interest on a tax lien you purchase is 12%. That 12% is annual interest rate. Lets say the lien you bought was $10k. If the homeowner pays the tax lien off in 3 months, do you still make 12% on your mone...
Cody Burckhardt
What to do with profit from selling a rental property?
Hello, I am in the process of selling a property in Indianapolis, it was purchased as a primary residence but have been renting it out the last five years. I live in Minneapolis and its been a hassle to travel for rep...
Mark Tanner
Tax Question With Big Impact
How can we apply real estate losses from prior years to offset current year non-real estate income? I assume we need "real estate professional" status, but 90% of CPAs I have talked to (all with real estate clients) s...
Jennifer C.
Need a RE Tax Strategist & Mentor & Possibly Partners
Hello Big Pocket People,My husband and I own a 2-Family property in Brooklyn NY. We have one more year before losing our cap gains exclusion. We moved to Denver for my husband's job two years ago.The appreciation in B...
Ethan Bruland
Self Directed IRA
I've read through some posts, but I can't seem to find the answer to my question. I am a real estate investor concentrating on buy and hold properties. I am intrigued by the self directed 401k. I currently max out ...
Ganesh Rao
Deductions
Any one have experience with deducting rental expenses against ordinary income (not just rental income). I know there are rules regarding active versus passive investing and there is a cap (MAGI) but if one is over th...
Bryan O.
Tax Deferral and How to contribute to solo 401k
As tax season is approaching, I'm trying to find more ways to reduce my taxable income to get down to the more favored brackets.If I have passive income (rent) coming into an LLC, can I pay myself a management fee to ...
Babu Ramadoss
Why should we do 30 yr when compared to a 15-yr mortgage ?
Hi
I understand that people advice higher Cash ROIs to evaluate a rental (investment) property so that you will have cashflow. However, I am wondering why is it not a good option to go for short-term loan so that...