About two years ago, I sold a business that I created to a large corporation. With those funds - I purchased (in full with cash), numerous investment properties.I focus on nice-sized condos or townhouses in high deman...

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?

Hello,My name is Kyle DeSimone, this is actually my first post! I am a new investor, to the point where I've read a bunch of books and attended a few BP seminars. I am very interested in starting off and one challenge...

Good day,Property background - home was a LTR for 2021 and 2022. In December of 2022, we started to convert it to a STR. In January of 2023, it became an STR. Big question - in my case, is a cost segregation study wor...

IRS released guidance yesterday saying that any PPP expenses that are forgiven are NOT deductible for Fed income tax purposes.  In essence, the forgiven funds are taxable, in direct conflict with the Cares Act.  Congr...

Hello all, I have a SDIRA with some cash, 2 paid off properties and a stock portfolio in the SDIRAs name.  I was thinking about leveraging those assets as collateral and doing some hard money lending.  Is that a thing...

Is it possible to wholesale/flip property tax free in an IRA?

Hi Bigger Pockethttps://semiretiredmd.com/primer-real-estate-professional/
I just read this site and it appears to something very beneficial to me.
Background - I am a doctor who makes over 500K(1099) clinically and...

Question is for folks that are 150K in earnings and investing in Real Estate as a passive investor and NOT designated as a "real estate professional. I currently have apartment complex (MFH) in FL and about to purchas...

I'm in year 5 of real estate investing.  I've told my wife that I only want to own properties in states that don't have income tax.  The same goes for our personal residence.  
I've heard stories of investors, for ex...