My area is experiences huge amounts of very fast appreciation. So much so that the 1% rule and deep dive analysis for on market deals (even far below asking price) dont make sense to BRRR...but many of them do make s...
Hello,
I'm Starting A Real Estate Business With A Friend, And It Will Be Member Managed. The Entire Business Will Be Rental Incomes. I Know That This Type Of Income Is Not Subject To Fica. Can We Avoid Fic...
First, thank you for any advice or recommendations. We would like to buy a bigger house and move up.I am equity rich on my primary residence. Own free and clear with value estimate of 2.3 mil. My cost basis is 1.1 ...
I am relatively new here but any suggestions or direction would be greatly appreciated. I sold my vacation rental in July, doubled my investment, and now have a decent amount of cash that I'm not sure what to do with...
I converted my primary residence into a rental December of 2022 after buying a new home. After a mediocre year of renting we've decided to sell. Will we owe capital gains tax on the rental property after just one year...
I wondering if I transfer the cash out pension to a SDIRA for RE investments or just withdraw cash over 5 years and deploy cash each year into RE?
Hello everyone!I’m new to the site and have found it very helpful. I’m also interested in REI and am leaning more towards flipping. I have a couple of questions regarding tax purposes. It’s to my understanding that ca...
Hello, Bigger Pockets!!It is with great joy that I announce that my wife, Piper, and I have closed on our first rental property! We bought a 2/1 in OH and have the property management company in place to get it rented...
Hello - we have a small two person LLC which holds a single, small, paid-off property. We would like to move the property from the LLC to our personal names. Is there a way to do this without any adverse tax consequen...
Hi all,I'm a non-resident investor and will shortly be buying my first properties in the US (NC in particular). I'm looking for someone that can advise me on the best setup from a tax and legal standpoint.The plan is ...