Chris Martin
UBIT only applies to property held <12 months?
Seems to me, reading the instructions for form 990-T, that UBIT only applies to assets held less than a year. In the instructions for Line 4a—Capital Gain Net Income, the IRS says:
Generally, organizations require...
Rick Whitley
Solo401K and Day Job 401k
I have just found out about a Solo401K. I have a small company on the side. I am a sole-proprietor but I still have a day job. Is it possible to fund a solo401k from my day job 401k and still keep the day job 401k? Ho...
Jerell Edmonds
First time home buyer
Hello Everyone! Im a newbie looking to get into the world of real estate investing. I currently live in RI. The house prices seem a little too high for my comfortability to begin I mean I don't mind because I know how...
Mindy Jensen
Want to Talk Tax? Upcoming Podcast Episode Needs Your Questions!!
An upcoming episode of The BiggerPockets Podcast will feature BOTH @Amanda Han and @Brandon Hall answering YOUR questions about taxes - the new tax laws and how they affect regular people AND real estate investors.Wha...
William Collins
I am at a fork in the woods- which path would you choose?
I am avid content consumer who is "on the sidelines". Listening to the most recent podcast with Brian Burke, one of the statements struck me about the time period you start- and the time you make that your main ca...
Curtis Curley
Fully fund a Roth IRA, or save for rentals?
I currently have some capital to my name and am trying to reallocate my funds to start a real estate portfolio. I'm a one income household and am looking build a solid foundation for my family before I take on more r...
DeMarcus Washington
Should I pay myself a salary?
I'm a full time student and school is my priority. I also have to work full time in order to make ends meet. I need to create time to be successful in REI however the only time I can take from is work. So my question ...
Phil Sharp
Qualifying for mortgages when investing full time
I am considering quitting my full-time employment to invest in real estate full time. I have saved up some significant resources to be able to do some all-cash purchases, but I would prefer to finance via mortgages. ...
Young Hwang
Turnkey as first purchase? Then what?
Hi,I'm just starting out and trying to get a first investment property. Looked through the site and read a lot of discussions, finally decided that maybe a out of state turnkey property will be appropriate as the firs...
John Spina jr
Soon to be 1st property
Hello everyone at BP! My fiancé and I are getting married in 2 years but plan on getting the house this year. We're planning on buying a duplex and getting a 15 year mortgage. The plan is to contribute towards the pri...