hi fellas. I am really happy that I found this website. this website is crazy resourceful. so much information, I started out investing in tax lien last year. I won some tax liens from the auction. all redeemed but o...
We have rental property (H1), primary residence (H2) and plan to upgrade to a new primary residence (H3). We want to sell H1 to get some down payment for H3. Once H3 is closed, we will move into H3 and rent out H2. We...
Hello All,
We currently own 1 single family rental, and are about to turn our current residence into a rental as well. We have a $1 million liability umbrella. At this point would you recommend putting the rentals...
Hi BP community,I'm finalizing the details on purchasing a multi-family home in the area and have a private investor/partner who will be primarily funding the project. Because of this, we have some flexibilty in how w...
HelloThis is my first post . Let me know if this is not the correct place to post . I am new to this forum . We will be moving into a new house with loan of 672 K at 6 percentour current house is smaller but in great ...
Hi allI am a dual UK / US citizen currently working in the UK. As such, I have to file both UK and US taxes. I own a home in the US (Atlanta) and want to buy a home in the UK soon. I also have c.$500k to invest in US ...
I was considering using an LLC for my wholesale business, but it seems that I would have to pay capital gains tax and self-employment taxes with an LLC or a Sole Proprietorship.
And, since I'm not investin...
I want to have my girlfriend change her Roth IRA to a self-directed Roth IRA. I would then sell her my rental property for $25,000. I paid 25,000 about ten years ago. It is now worth 125,000. I collect $1000.00 a mont...
Hello, friends! In 2020 I'd like to purchase a second home to use exclusively as a business property.
I own an online retail company and we run out of a rented warehouse and I'd like to take my rental dollars and inv...
I’m curious to hear if there are people doing this regularly and making up to the $500,000 tax-free.