Mark Douglas
Holding onto Properties Forever a Bad Idea?
In a buy/hold portfolio, how often should/does one sell/1031 exchange properties? Do investors tend to hold on to properties for more than 10 years? Is there a right/wrong way to go about it? I imagine some propert...
Victor Andrade
Recommendations on 100% online business checking account
Hi all,
What’s your recommendation for a 100% online business checking account? Something that you can separate profits with the other expense buckets we have as real estate investors AND not have to create differe...
James Danchus
Is the "rule of 5" reliable?
BP,I went to a seminar last week and I heard a little trick that some people do to quickly access repair costs. He called it the "Rule of 5." The basic premise is, you add $5K for each major repair the property needs ...
Todd Willhoite
Electing tax status for LLC planning to buy land and resell some
Some partners and I are purchasing a large parcel of land. We will probably sell off some large parcels to pay down the debt on the remaining property and then hold some of the land indefinitely. Trying to figure ou...
Mark Simpson
Section 121 - Partial exclusion of gain
I am trying to help a previous client avoid a healthy capital gains bill on the sale of their primary residence. Trying not to spell it out to them directly though out of concern of giving tax advice outside of my sc...
Daniel Jackson
Ownership/Compensation Structure & Sweat Equity Advice
Hello! I'm new to the community, and I was hoping to attain some advice.My sibling and I are going to acquire a small office building, which will be leased to tenants.My sibling solely provides the capital for acquis...
Derek Grijns
2% Rule
I am fairly new to Biggerpockets but I have been reading books, listening to webinars, podcasts, and following the forums. I just cant really grasp the idea of the 2% rule and why its even called a rule. I understand ...
James Paine
Rich Dad Poor Dad Book Review - 3 Lessons
Some people love this book, some people hate it. I get it and I am ok with a debate on this post. I have thick skin. Personally I feel like I have to disclose that I read 40 or so books a year and often read books ...
Kurt Delia
LLC's, Business structure for multiple properties? Your Input?
Hello everyone, long time reader and podcast listener, first time poster... Here is my current situation... This year, I finally made the leap and purchased a duplex and a SFH, all rented, all cash flowing beautiful...
Kevin Eggleston
Sean Terry Podio Setup!?
Hey guys, I'm currently setting up Podio for my REI business and am trying to find any info on how Sean Terry sets up his, I'm also using his Revenue Matrix in my business and want all to work with a nice system, any ...