Joel Bowen
Understanding how depreciation counts as negative income?
Hi guys, the following quote is from this BP article: https://www.biggerpockets.com/renewsblog/2014/10/2...Could somebody please help me understand this concept by giving a real life/hypothetical situation that makes ...
Guido Bertoli
Potential Rental Property
I wanted to ask you guys the best way to go about approaching to make an offer.I work in retail and every time this one customer comes in we always chat about real estate and other financial endeavors. Last time he ca...
Russell Taylor
Cashing out inherited ira to buy real-estate
Here is my situation. I inherited an ira and had to set up an inherited ira, non spouse. I am wanting to cash this out and buy more properties. I talked to the company holding the ira and I don't have to pay the 10% ...
Enzo Pazos
LLC with a non US resident
Hello Everyone! I’m planning on creating an LLC with a friend who is not a US Resident yet. He has a work permit, a stable job, and a good FICO credit score. The idea is to start buying properties under that LLC.My qu...
Eric Gamble
Motivated FSBO (SFH Zip: 97304)
Investment Info:
Single-family residence fix & flip investment in Salem.
Motivated FSBO ( the classic "good person in a bad situation" related to medical health ). Good area, house has good bones, and n...
Eric Gamble
Motivated FSBO (SFH Zip: 97304)
Investment Info:
Single-family residence fix & flip investment in Salem.
Motivated FSBO ( the classic "good person in a bad situation" related to medical health ). Good area, house has good bones, and n...
Aline Elad
Capital gain taxes from Investment account
Hi All,Is it possible to avoid capital gain taxes if I use funds from an investment account to BRRR a property and then return all the funds to the account within the same year? What if I leave some in the deal, can I...
Joe Caiola
When does it make sense to sell a rental property?
The home has appreciated from $315K in 2016 to ~$450K in 2019, and my rent is cash-flowing positively. The area has exploded with development and growth, but as more and more new properties flood the market, I'm not s...
Eric Gamble
Motivated FSBO (SFH Zip: 97304)
Investment Info:
Single-family residence fix & flip investment in Salem.
Motivated FSBO ( the classic "good person in a bad situation" related to medical health ). Good area and the house has some defer...
Ara Abrahamian
1031 Between Old and New LLCs
Hoping you guys can help me understand a nuance regarding LLCs and 1031s.I currently own an investment property under a single-member LLC that's treated as a disregarded entity for tax purposes (let's call it Main Str...