Brad H.
How do you pay for items on a rental if no rental segregated savings yet?
Let's say I'm looking to start renting primary residence in April. Driveway needs redone. Renters move in. Rent covers mortgage + $1000/month. Driveway cost $6k. I wouldnt have enough in my rental designated bank acco...
Kyle Stanley
Taxes owed on sale of a 1031 property in less than a year
Question for the 1031 QI’s and the CPA’s. We bought a STR in the Smokies in September 2022 using 1031 proceeds from sale of a LTR we owned for 2 years. It is draining me and we need to get rid of it. Our intent was ...
Jeffrey A DeAngelis
OnLine Purchases with split IRA and outside IRA investment
Howdy, If anyone has invested with funds from a self vested IRA and funds from outside an IRA - for instance, 50/50, how do you manage online purchases and split between the two?For example. A STR purchased property a...
Brandon Jenkins
How do lending institutions view income properties???
Hello BP family!! I need your help once again.Question: Do lenders look favorably or negatively at income properties? Details: Long story short, I have one rental property (newbie here), and am currently in the mark...
Jamin Olds
Creative Investing (Other peoples money)
Hello fellow BP Members,I wanted to share me and my business partners financing for many of our deals. We currently have built our investment business to 20 unit in 2 years. Our first few deal were with our own mone...
Nicole Sun
Is Private Lending Income treated as passive or active by IRS?
I have done PL lending inside of Roth IRA. Now want to branch out to my personal fund outside of Roth. A quick tax question - is the income from PL treated as passive or active in the eyes of IRS? Thanks for any insig...
Kaaren Hall
Financing Self-Directed IRAs and Solo 401ks in Real Estate Investments
Introduction to Real Estate Investment through Retirement Accounts
Have you ever considered that a Self-Directed IRA or Solo 401k could be used to invest in rental real estate? Surprisingly, many people are unaware...
Brandon Cuellar
My First Flip - Fort Worth, TX
I closed on my first flip last month and wanted to share my experience so far. Quick background about me, I'm a sales manager at a Honda dealership and have completed one wholesale deal earlier this year.Location: For...
Irving Gonzalez
Buying a second multi-unit property
Hello, I am looking for advice on how I can leverage my first investment property (house hack), to help purchase a second property. I have reserves saved up for my first property. I am hoping to see how I can purchase...
Richard Lee
Looking for CPA referrals experienced with House Hacking
Hello everyone! I'm new to BP and also new to real estate investment. Bought a house in 2020 and started house hacking. I'm trying to move forward buy adding more doors through this method, but am stuck at the tax lev...