What would be the better option when purchasing a first home, cashing out early your 401K, using that money as a lump sump down payment and facing the tax penalties, or making a smaller down payment and facing highe...
I got dumped on. started out wrong! l live in michigan, let me say that I let someone talk me into buying some house that needed fixing that they were suppose to fix but never did. I ended up fixing them myself but ...
I just filed my taxes for 2018, and had to pay in a significant amount of money. This got me exploring some of the details of my situation and trying to figure out some of the math and the logic for certain things. I...
Hey BP! I'm trying to learn more about capital gains tax when selling a rehabbed home or refinancing for the equity. I've heard some say that holding for 2 years is the minimum to avoid capital gains, but I've also he...
Hello BP community,
I thought to share a few of my experiences investing in Columbus Ohio.
1. The Tax will increase immediately after you buy a property to match the purchase price and you are also responsible for...
Hello All: A while back I read a post about advice to landlords and PM's to advertise units under renovation or repairs units ASAP - like when the previous tenant gives notice or is evicted - even when renovations are...
Hey, BP family. Yes I'm a newbie still learning the game and education myself. I've had 2 units for about 5 months now and it is now tax time. This is my first time doing business taxes and I want you guys opinion to ...
I’m a new investor who just opened an self directed IRA. Any suggestions on the first steps to acquiring properties via my IRA?
Hello, I am an investor who wants to find his first deal in the United States this year, more specific in Texas. I have experience in rental properties in Mexico, but the terms of the mortgage loans are very different...
Hey BiggerPockets community,
I've been trying to navigate into the world of real estate investing and considering the option of setting up an LLC to hold my future properties. I've heard that using an LLC can offer b...