I've searched the forums and I can't find direct answers to my questions. I am looking at starting a partnership(s) in order to invest in buy & hold rental properties, where I bring the deal and management and the...
On this episode of the BiggerPockets Podcast, we're going to talk about a unique strategy that combines the power of house flipping with the benefits of home ownership. You'll meet Mindy Jensen and discover how she us...
Started out 4 years ago not knowing anything about Real Estate and have been self-taught till this day!! kept using people who don't do real estate to do my taxes, and also they had horrible communication skills, I d...
Husband and I are considering buying his parents' home and I have some questions about this and would love any feedback on how to minimize hassle and our costs. We're doing this for two main reasons: 1) Prevent his da...
My wife and I are mainly looking at 2 towns for our first primary home purchase. We're used to renting in North Jersey at $2,400 a month comfortably so that's our budget. In town #1 we could buy a house for $300k b...
Another question I can’t seem to find anything is. I know in the beginning of a loan you can just write off the interest because that’s all your getting charged but later down the road you pay more down on principle s...
Hi everyone! I'm leaving my teaching career the end of the school year. I've decided that I want to invest my money that I'll receive from the STRS into real estate. Originally I was looking at rolling it over into ...
I have a rental property under a LLC with a business partners(2 partners in a LLC). How is profit taxed in LLC? Lets say the rental property generates $100 net income every month. In the end of the year if we dont ta...
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When it comes to taxes, it’s not about how much money you make—but how much you actually keep. Are you ti...
Hi BP family.
Quick question:
Lets say, I paid $100K cash for a property purchased under a LLC. Few months later I refi'ed the property at a slightly higher amount and the bank paid the llc back $120K.
If I use the...