Sarah Roberts
Confused about new capital gain formula re: personal/rental use
I hope someone here is knowledgeable and willing to help me understand the new math.What's the difference in % (after deductions) taxable as capital gains in each scenario:Purchase House. Live in for 1 year. Rent for ...
Dana N.
How many properties are allowed under one name?
My husband and I live in NYC in an rental apartment. We plan to buy a house for us to live-in and purchase 2 SFHs out of state for rental property (and more in future) Should we purchase our live in home first or...
Alexandra Sales
LLC vs Personal Property finances and mortgages
Hi all I have a few questions regarding properties under LLC vs personal for buy and hold / BRRRR strategies...
Can a rental property be under our personal names (mortgage title/deed), but the bank account for renta...
Alexis S.
michigan llc
Hello I am new and want to start an llc in Michigan. I have the forms printed but have no clue what I am supposed to write in article II i want it to be a wholesale business but also will eventually buy and hold or fl...
Chad Friesen
Holding company
Hi can someone explain to me how a holding company works. I sat down with my mortgage broker yesterday and she told me after 4 doors i will need to put any more properties i buy into a holding company. I should have a...
Ron Burmeister
ROBS 401K vs. SDIRA and Self Dealing & Prohibited Transactions
I am currently using both a ROBS 401K and SDIRA to invest in real estate. I use the ROBS primarily for Fix & Flips and the SDIRA for Private Lending and Buy and Holds.There is a lot of discussion concerning self ...
Tony Thompson
Dave Ramsey's Real Estate Story?
I understand that Dave Ramsey offers "average" advice to people that don't know how to use a credit card.
But, Dave Ramsey apparently used to be a real estate investor. I did a quick google search and found that he ...
Chris Allard
Mortgaging a home for 75% loan to value question
I'm sure this question has been asked a million times on this site, but I could not find it through the all the posts on BP. I have bought a home for all cash under Market Value through my corporation (lets say 170K),...
Zackarias Aitchison
Best Canadian Corporate Structure For An American Investor?
Hey! One of my American friends is looking at buying a property in Canada. I wanted to know, what's the ideal Canadian Corporate Structure to use when purchasing buy & hold investments as an American National? Wit...
Zack DeRose
How to Take Advantage of multiple Fannie/Freddie Mortgages?
On the lastest Bigger Pockets podcast (#383), Josiah Smelser mentioned that between him and his partner and their spouses, they had access for 40 Fannie/Freddie mortgages.
I looked into this strategy, seems that in o...