Russell Taylor
Cashing out inherited ira to buy real-estate
Here is my situation. I inherited an ira and had to set up an inherited ira, non spouse. I am wanting to cash this out and buy more properties. I talked to the company holding the ira and I don't have to pay the 10% ...
Andrew Grant
First Tax season House Hack
Long time lurker first time poster!I will be filing this season for the first time being a home owner and house hacker.I would like to work with a tax professional who has experience with this strategy.Tell me why I s...
Blayne Midthun
Eau Claire, WI Roll Call
Looking to form an investment group including serious, like-minded individuals with the goal of investing for five or more years.Ideal situation would be to find 5-10 parties that would pool funds to purchase multi-fa...
Shravan Hemchand
Cost Segregation on new construction - STR
Hello, I hope you are doing well. I need to perform a cost seg study on my short term rental which was newly constructed during 2023. This is for my 2023 tax return, and I have filed an extension. I am looking for ins...
Isaac El
weird shortsale situation - need advice
I found a house that is in foreclosure, I contacted the owner and he told me is divorced and he wants to sell the house, but his ex wife doesnt want to sell the house. (he moved out, she is living there)the deed is i...
Kevin Patterson
Newbie from Franklin, TN
Hello All,My name is Kevin Patterson and I am an aspiring real estate investor from Franklin, TN (a suburb 20 min south of Nashville). I have a wonderful wife, three crazy dogs, and one spoiled cat. I work in the fitn...
Account Closed
More Opportunity Zones/Funds Clarification
I have been searching and reading prior threads, but thought I'd go ahead and start a new thread since there has been time for people to learn more about opportunity zones, rather than have to sort through a bunch of ...
Amy Gardner
Income too high for real estate deductions?
Hello,My CPA recently told me that the $50k we spend last year can not lower our tax burden because I have too high an income? Something seems to be missing here...I have never heard of this on any of the podcasts (I ...
Nathan Bahr
New Investor in La Crosse Wisconsin
Hello biggerpockets,My name is Nate Bahr. I have been a long time lurker here on the forums and am finally looking to join in the discussion. Since I have been listening to podcasts and reading articles for the past...
Ben Bakhshi
Best way to invest with a flipper
Hi all,
I have been investing with a house flipper and wanted to get some advice on best practices on how to proceed.
The flipper collects funds from multiple individuals or LLCs. The flipper is suppose...