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Still have a W2 job but getting closer to FI in the next year or two. Big thing holding me back is getting over hurdle of health insurance for my family as well as 401k. If I make an S Corp and start hiring a couple e...
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Hi. I am a Real Estate agent with several investors at my disposal. They all have cash and are looking for rehab & new construction deals.
Any other agents out there who have done a lot of work with investors of...
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So I'm sitting on maybe $300-$400k of equity at the moment in my primary residence that I purchased in 2012. Originally put 20% down and appreciation has been quite absurd since.If I refinance and pull $250k cash out...
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Hello BP family, I have just recently finished my tests for becoming a licensed agent in the greater Phoenix metro area, and was wondering if anyone in the area had any suggestions as to where would be a good place to...
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Hey GuysI am new to this site so hopefully im putting this in the right place.I am a relatively new investor and a little stuck. My wife and I have an up down duplex that we rent out and cash flows a couple hundred a...
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Hello BP community. As a newbie in the fix and flip market, many lenders I have contacted are requiring interest up front and are capping at 80% acquisition. As such, I am looking for references for a reputable compan...
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I have had several interesting conversations with other investors on the importance or lack thereof finding a good lawyer when establishing an LLC. When are you considered "safely behind" a legal entity should a lawsu...
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Hello BiggerPockets!First post here, I recently purchased my first property In January (duplex). I’m currently living on one side and renting the other side out while also having roommates. I’m cash flowing 250$ a mon...
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IRS Released Notice 2020-23 which basically extended ...everything left that was due before 7/15...to 7/15. Additionally, It included some wording that referenced back to an IRS rev Proc 2018-58 which was released a f...
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I bought and furnished a new rental property in 2019. I did use bonus depreciation for the cost of furniture, but I lumped the property improvements (mainly new hvac, water heater, windows) in with the building and ...