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Hello-I currently reside in Maryland, and my first rehab project is in PACurious which state I should form my LLC, and if I even need to at first?Should I just file as a Sole Proprietor until I get a few deals under m...
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Hey everybody, I have a bit of a dilemma I would love some input on. I'm a beginning investor. I actually just closed on my first two unit property. Now that I'm done with this deal I'm looking forward to the next. A...
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Hello BP community! Newbie here, so go easy on me :) I live in Southern CA and own a home in which we have over 50% equity. At some point, me and my family would like to relocate to Hawaii ... most likely Oahu, for th...
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I keep reading about how there are so many benefits to being a landlord, because you can reduce your income taxes and such...
Can anyone please explain how it works? Like a basic overview? I have heard people talk ab...
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Hi BP Friends,
Our grandfather has a rental that is occupied by a disabled veteran. His wife was paying the $800 remainder after the gov paid $350. She left him. Now he only pays the $350 on a $1150 lease. It'...
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Originally posted by nationwidepi:Originally posted by Mathew Paetz: start buying properties using my SDIRA [/quote
I wanted to thank you for your advice. If you dont mind taking a second and expla...
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Hello BPers,Would appreciate more experienced members and investors help in validating if something I experienced lately is normal/legit or not. I am a relative newbie, and this interaction seemed unusual to me so I w...
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Lets say you use 100K of capital gain to buy a 100K rental property using a 1031 exchange. Can you shortly thereafter do a cash out refi, take that 80K in cash without owing tax on it? I may be in a situation soon ...
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I just bought a house that I will rehab and rent. The vacant lot next to the house is available at a reasonable price. What is your opinion on purchasing the property?
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Hello BP community! I hope you are all doing well. I need your input on this property I'm trying to evaluate. This will be my first BRRR so please feel free to butcher my analysis. It would most helpful if you point o...