After spending a few years investing out of state in long term rentals, I realized that I would have to accumulate up to 100+ houses at the infamous “$100/door” target to completely decrease my dependance on my W-2 in...
Questions for you Tax Pros out there. Will the amount of social security benefits be reduced if an individual receives rental income of let's say 80K a year. Assumptions: Social security is taken before full retire...
Hello everyone. I am 28 years old and I recently bought my first house in Jersey City. I'm looking to start investing in real estate but I'm not sure if I should flip houses, rentals, wholesale etc.
Here are my goals...
I'm brand new to this so kindly use single syllable words in your responses (I'll most likely Google your lingo). That opener should let you know how green I am to this. I live in central TX and I would like to invest...
First and foremost, be safe and take care of your family's health.SO, here is how I see it. This is a lousy time. It will end, "WE" collectively will survive and overcome this, "WE" always have. It seems like every de...
I rolled over a traditional 401k from my previous employer to a Roth IRA at American Pension Services recently. I wont go into recent events since im sure most of ye are aware but I have now cancelled my account and a...
Hi BP,
Just need your input about this: i am planning to rollover my 401k (from previous employer) to a Check Book IRA, LLC then after, i am looking at joining Syndication. Is this a good move? If not, wh...
Hello BP community!Great to join BP. I've been reading a few blogs and forums on this amazing site for about two weeks now, and am just starting out on my own learning journey in Real Estate Investing (REI). After rea...
Hey BP,My husband and I are 25 years old. Just bought our first house back last year and on a clear path to purchasing our next by the end of this year/early next year. We opened a Roth IRA but have yet to contribute....
I'm more interested in holding out and renting out a property than I am flipping one, but if I did find one for a good enough deal and managed to get rid of it fairly quickly, what are the taxes like?
I suppose there...