Michael Plaks
Reducing or eliminating capital gains: NO, it's not simple!
How do I deal with capital gains? - this is one of the most frequently asked questions on this BiggerPockets forum. The minute it is asked, investors jump in suggesting their pet strategy such as a 1031 exchange or a ...
Jorge Contreras
Need Help deciding which 401k plan to choose
At my old job I was getting a pension but since leaving that company and joining these new one where I work I am now offered a 401k plan, which I plan to fully take advantage of, to which I come here to ask those who ...
Chloe Aribo
Getting Started With Rentals + Creative Financing
I am getting started with purchasing rental properties and am still stuck on setting up the structure of my business.I plan to either use personal or commercial loans depending on the best deal for the property. If I ...
Bradley Miller
Need advice on investing with a self-directed IRA.
Currently I have a traditional IRA in my Fidelity account sitting in cash that I would like to use to invest in a cre syndication or maybe a note or debt fund... but first I would need transfer funds into a self direc...
Rick Santasiere
One LLC or Multiple LLC's
My attorney advised me several years ago to set up LLC's for each one of my rental properties to limit my liability in the event of being sued for any reason. It made sense to me that basically the tenant can only go...
Jacob Brenyo
STR Management Software Recommendations
I recently launched an STR management company in Kissimmee FL and decided to set up an account with Hostaway. Overall it seems pretty good, but I am curious about other similar options. Appreciate your recommendations
Mark S.
Triplex Deal Analysis: $153K
I was presented with the following deal:
Triplex (Built in 1900, excellent location)
Purchase Price: $145K
Rehab + Closing Costs: $8K
Total Investment: $153K
Gross Rents: $2,000-$2,300/month
Expenses:
PM Fees @ 10%...
Kerrie Godwin
Considering turning rental into Section 8
Hey there! I purchased my first rental property and it needed a complete renovation. The renovation is complete and the property has been on the market to rent for about three weeks. I have only had one person interes...
CJ Wallace
Legal Zoom Disparagement...Is It Warranted?
There has been a lot of disparagement of Legal Zoom as not being the company to set up an LLC with. However, I have never heard anyone state a case in which Legal Zoom has failed any customer in regards to setting up ...
Zachary Bellinghausen
Real Estate CPA Needed
I am wanting to pull my 401k out to make it a self-directed 401k and use it for some real estate transactions. I am having trouble finding CPA that knows all the nuances and inter-workings of this process, setting the...