Hello! I'm a beginner investor and currently own an S Corp. I’m considering short-term rentals in the Pocono area of Pennsylvania as a tax-saving strategy, but I’m not sure where to start or how realistic this idea mi...
I've currently got a 401k with my full time employer (also part time RE agent). About 2 years ago I decided to change my allocations to Roth 401k. However, 8 years of automatic enrollment had me in the pre-tax plan an...
Hi everyone, I'm relatively new to the BiggerPockets Forums (although I've been listening to the podcasts for over year now). I'm a software engineer located in Los Angeles and my goal is to start investing in (ideall...
Hello,I have a few rentals and need some input. I have one property that I bought last year for $475kCurrent value is $520kInterest rate 6.75%loan amount is $352,000 (I put 25% down when I bought it)Monthly P/I escrow...
Hey I'm wondering if anyone has any Landlord hacks for reducing utility bills. Looking to maybe take over a smaller multi and not sure yet if I'll be able to separate out the utilities or not? In the event I can't I...
Hey everyone,I bought my loft in 2021 and did some renovations to it over the last 2 years. With the property value + renovations, I'm estimating my appraisal that I just ordered will put me between $75,000-$100,000 i...
Hello, I currently work and am in grad school in Portland, OR, and am planning to move back home to MN in a little over a year. There is a 3bed/2.5 bath townhouse for sale in outer SE Portland for sale (probably woul...
Hello,
Looking for the best way to layout bank accounts for a property.
1- account for security deposit
2- account for mortgage to come out of, that tenant pays into monthly via Zelle
3- account for property exp...
I have 19 property’s and 17 are paid for. I have only carried insurance on the house I had and my wife had before we got married. They both have loans on them. Many if not most of the other property’s have liability...
I have been saving since I was 14 years old, and I am on Track to buy my first Duplex (house hack) while still being a senior in high school with my Parents cosign, I turn 18 In a few months. Since this has been a goa...