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I am seeking advice/ assistance on what i step i should be doing next in route to purchasing my first multi family property. Please see my current situation below, and feel free to comment & share your thoughts/ a...
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just like the title says should I purchase homes in my personal or under entities like an LLC.
I have read if I use an LLC I will get double taxed in the USA and in Canada
Does anyone know if this is true or not I a...
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I am evaluating the best methods to invest in syndications, wondering if there are any tips / pointers.A single member LLC, a Solo 401k (tax advantages) or any other type of investment entity and pros/cons?
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Hello. I am new to real estate investing planning to buy my first STR in 2023, I am saving for cash down payment but wondering if taking a loan from my 401k would be a way for me to make this purchase sooner if the ri...
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Laid off from 14 years at a job, working 100% commission and earning the most I've made ever in only 6 months last year (2022, over $200k). It was a J O B. Not much fun, but I was great at connecting with others, bein...
Hi all - hoping you can help! My husband and I bought an occupied foreclosure in Long Island, NY with the intention of flipping it. It is occupied by an elderly woman. Our plan was to do repairs on the outside of the ...
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My CPA is telling me that I cannot use the sum of all my rental properties losses grouped together as one large loss to offset capital gains of the sale of 2 of those properties. He is saying that I can on only use th...
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Hi All, my name is Suzette and I currently live in Long Beach, Cali! I'm here to learn and start and grow my REI business.
My goal is to start with a house hack and continue from there. That being said, I'm lookin...
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Apologies in advance for the lengthy post.On 1 January 2019 my wife and I owned our primary residence and a rental property a three hour drive from our primary residence. That is the last day I think I fully understo...
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Last year I switched from the fix & flip method to buy & hold (specifically the BRRRR method thanks to the Bigger Pockets Podcast). I am now up to 5 rentals but most lenders are telling me that I will have iss...