John Devereaux
Florida Panhandle (Pensacola/Destin)
BP,
I am currently taking pre-license courses for my real estate license and aim to be completed in about 1-2 months. This will be very much a part-time / weekend job for me because I am currently on active duty mili...
Ben Parks
Which entity and why?
I am trying to set up my investor company. My plan is to buy off market deals, either rehab and rent, or flip. I was set on an LLC. But after more reading, some have suggested an S-Corp for flipping and then individua...
Jacob Lee
Purchasing Off Market Deals With Traditional Financing
I live in Atlanta, Ga and am in search of my 2nd investment property. I currently have two agents sending me properties but would like to begin searching for off market deals to increase the amount of potential leads....
Anthony Ianozi
Investing while deployed
I am active duty army and have been investing in Maryland for the past several years. I currently have four properties and about to close on my fifth.
Ravi Veer
Self-directed IRA/401k - conflict of interest triggers "prohibited transaction"?
Hi,
I am planning to start an LLC to purchase a real estate. My friend's IRA (IRA-A), my IRA (IRA-B), my friend (A), and me (B) are planning to invest. I have been reading up on IRA-LLCs and have a couple of questi...
Daniel Kelly
Tips/Advice/Connections
Hello everyone,I am on Active duty in the U.S. Navy out of Virginia. I haven't really started on my real estate journey yet but am very eager to. I'm still not sure if I want to get involved in Buy/Hold or Fix/Flip I'...
Christine Oliphant
Question about tax free earnings with SDIRAs
I've been learning about SDIRAs and from what I understand when you use the money in your real estate business, the money you earn will be tax free. So as Amanda Han put it in podcast 49, if a wholesaler puts a $1,...
Ben Polansky
Maximizing Real Estate Professional Status
Hi BP - first time poster here! I own a few properties in the Los Angeles area with a partner. This year is the first year I will qualify as a real estate professional and be able to take some aggressive deductions th...
Tony Hightower
Residence into STR depreciation and cost segregation
If I turn my personal residence I have owner for 9 years into a STR, what value do I use for depreciation of the property?Can I also do a cost segregation based on that value?I have several LTRs but not any STRs as of...
Kyle Steiner
Is Interest on a Rental Property HELOC Tax Deductible?
I'm getting a HELOC on a rental property I own and I'm wondering if I'll be able to deduct the interest on my taxes. I plan to use the funds exclusively for the purchase of rental properties and/or flips and related ...