Hi everyone!  Last year, my husband and I became landlords by default when we moved out of our primary home on the Central Coast of California to the Bay Area for job relocation.  It worked out nicely however as we ha...

Hi!  New to BiggerPockets, I look forward to helping members with the tax aspects of anything related to their activities as a Realtor, Appraiser, Lender, Real Estate Investor, or Other Real Estate Professional.I have...

I will be purchasing two properties - one for approximately $20K and the other for $35K.  Both have renters in them, one paying $740 per month ($20K property) and the other $850 per month ($35K property).  I will be p...

I currently have student loans that the payment is based off of income(AGI). If I were to put my properties into LLCs that report up to a C corp where profits stayed and could be used to buy more properties, would tha...

I am going to buy a house and currently plan on paying the downpayment with cash.

What I would like to do is after closing, take a cash advance from one of my credit cards to reimburse myself for the downpayment. Th...

How do you figure out how much money you’ll save on your taxes by purchasing an investment property? Or how do you calculate tax advantage?

Say (very hypothetically😂) I had an income of 400,000 and I bought a $100,...

My wife owns an LLC which owns an investment property in Conway, NH which we believe will appraise for +/- $700K. It has no liens of mortgages. She also owns 100% of our personal residence in Tuftonboro, NH that is as...

Hi everyone! I'm looking to purchase my first investment property in the Columbus or Cleveland area.I don't have money for the down payment so would it be okay to get a personal loan? I want to do long-term rentals to...

My wife and I currently own 3 doors and moved to a new larger city in hopes to come continue our real estate investing journey.Over the past year we have dealt with death in the family, 3 totaled cars, medical bills, ...

My husband and I were thinking of taking some money out of our ROTH IRA for the REI business. The amount we'd withdraw would be around 20% of our overall retirement funds. We are in our 40s, if that matters.Aside from...