Davit Gharibyan
Corporation or LLC
Hi, I have an LLC that holds the real estate and the other LLC is handling the management (getting rents, sending payments, etc.). As I was preparing my taxes, my tax professional advised me that management LLC is red...
Daniel B.
Rental Property losses carry over
Hi, My understanding is that a rental property loss carry over can be used to offset future passive income. Can this be carried over to increase the losses of a future year? I believe if AGI is $100,000 or less,...
AJ Felix
Rough draft Business Plan
So far I have been working on my business plan following the RE investing guide template on bigger pockets. This is my rough draft up to this point in time. Is this what it should be looking like and does this sound ...
Vadim Sedletsky
LLC Question - Where should one open an LLC
Hi BP professionals,
My question for today is where should one open an LLC - is there a difference? benefits opening in a specific place vs other places?
I own a couple of duplexes around, but all of them are regi...
JC Conchas
solo 401k - pay cash or finance real estate
BP,
I'm in the process of setting up a solo 401k.
Does it make sense to pay cash for small 6 unit MF rental, or should I get a commercial loan?
After speaking with some lenders, most commercial loosens are max of ...
Kevin R.
Self Directed 401k - Brrrr
Is BRRRR investing one of the prohibited transactions in a self directed 401k?
Quinn Kiet
Were "kick backs" commonplace as anecdotes make th
Not talking about the YSP or Origination that's disclosed on the HUD, but just plain ol' fashion cash under the table or "gifts" on your front door type deals.
Blogs and forums make it sound like every top producin...
Daniel Dietz
Getting Money from ROTH IRA to ROTH SOLO401K?
Hello all, I have been investing in both a ROTH SDIRA and a Traditional SOLO401K plan for a few years now and have things going pretty smoothly. Once I found out about SOLO401Ks, I stopped buying with my ROTH SDIRA du...
Aaron Tiffany
Limitations on future financing using BRRRR
Hi all, I'm new to BP and have been assertively listening to podcasts and reading BP sponsored books over the last couple of months. I feel I have a good understanding of the BRRRR strategy, how it works, and the sho...
Cynthia Carmona
A TON of listings in an area - What does it mean?
So, new to this whole REI thing. I'm messing around on Zillow just to start looking at various markets - what stuff is being listed for, for what, etc. A particular area of the map is LIT UP with listings. What might ...