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I had a good friend ask me this question today and I was not sure on the answer. Before I call our tax advisor to help my friend I would love to hear from the wise people of BP on the Issue. My friend bought a vacatio...
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I am looking to get started investing, I have some money to invest and am looking to learn how to do this the right way and not learn the "hard" way by investing my money foolishly. What systems are people using su...
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I have two rental properties that I feel may be better positioned in an LLC (rather than my personal holdings) - can anyone clarify that with me and also give me a quick low-down on how to move them into the LLC (woul...
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I want to sell my duplex and offer owner financing. Location Milwaukee, WIWhere I need feedback is...1. If I sell the property and the buyer occupies one of the units. Do I need an RMLO (Dodd-Frank)?2. If I sell t...
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So I am getting closer to jump in with my first investment. I have cash ready to go but I also have the option to pull out a significant amount of equity from my primary residence by using a HELOC. My question, is i...
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Hi all. We bought a townhome in October of 2022, intending to live in it for 3 - 5 years, then rent it out. Unfortunately, we have to move a few hours away in September because of work. If we rent our house out, the t...
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New here, but have been reading the forums for several months as I consider real estate investing, but am having a hard time convincing my spouse the potential "hassle" of a poor tenant is worth the benefits.
Our sit...
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Hello Honolulu bigger pockets people,I'm in need of a good CPA on Oahu. Just as I'm expanding my real estate business my accountant is winding his accounting business down. He is amazing and he was referred by a frien...
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Real estate in Canada is crazy expensive! I was looking to buy rental properties in my own country, but the amount of monthly rent generated vs the price to buy rental properties,, the numbers just weren't adding up. ...
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Hi guys, wanted to know some thoughts on raising cash for a down payment for a rental by refinancing my primary residence. This is a strategy that is not discussed often compared to using HELOC. Is it because of tax t...