Eric Boshart
Private Money Lending Structure
Hi BP Community,I've been lending informally for the past couple of years to family and friends on fix-and-flip deals, and I am now looking to formalize it i order to raise further capital and grow a sizable book. Aft...
Dj J.
Looking for real estate attorney advice or CPA advice
I list both CPA or Attorney because I am not sure which would be a better for this subject. Frankly talking to both is probably my best option.Asking for a friend*Say someone is about to close on their first investmen...
Patrick Bunn
Using Retirement Accounts for REI
I just read The Book on Tax Strategies for the Savvy Real Estate Investor. It is a great book. And based on something I read in there I asked myself “how can I use my 401k to invest in real estate?”Setup:Toward the en...
Eric A.
WSJ article: 'Real Estate Industry Braces for Tax Upheaval'
Has anybody else seen this article?http://www.wsj.com/articles/real-estate-industry-b...The general point is that while Trump's tax plan is silent on the subject, the GOP tax plan that has been gaining steam proposes ...
Cameron Mertens
What would you do with $50,000?
Hi everyone,
Thanks to the help from everyone who has interacted with me on my posts I have made so far, my wife and I are about to realize a solid return on our modified house hack in LA. We bought a triplex two yea...
Melinda Daye
Newbie, asking for advice
Hello everyone. I'm a newbie to the official FI movement. However, my husband and i have been on a FAT version for a while; i guess without having a name to call it. I'm a PA and he's a financial advisor. I came i...
Tania Reuben
STR Accounting IRS Structure Question
We're planning to STR a cottage on our personal property.My question is from a structure standpoint, can we rent the cottage through one of our corporations, or do we rent it personally. I know one other family that ...
Adam Widder
Using VA loan multiple times to build portfolio
I’m looking for advice on my current thought / strategy. I’m currently in the military and will be getting out in approximately 21 months. We will be moving back to the Minneapolis / St. Paul area. Right before get...
Alex Gadbois
New Investor in Sacramento
Hi everyone! I have actually posted a few things, but I never did a proper "New Member Introduction". I live in Sacramento and I currently own one rental, a duplex. My goal is to earn about $3k per month in "passiv...
Donald Placide
Purchasing multiple rental properties using FHA
Hey BP family, as I stated in my goals, im trying to figure out how to build a large portfolio of rentals (for rental income of 5k+ monthly)in the NJ/NY area.My situation; I've been making 40k a year for the past 3 ye...