Tamika Malcolm
How to use 401k for investment properties
I am newbie and would like to use my 401k to buy my first property any directions would be greatly appreciated?
Mor Maman
Rochester / Buffalo, NY Market
Hello everyone,
I’m currently living overseas and just getting started with real estate investing. I’m particularly interested in the fix and flip strategy and have a budget of around $130,000.
What are your insight...
Jack B.
Check my numbers, thinking of eating the tax
Lived in it from2013 to 2015, then rented it out until 2018 at which point I moved back in for 2 years. Total time rented, about 4 years, total time lived in, about 4 years.Bought 145K plus 5K closing costs, sold 416K...
John Brennan
self directed IRA doing self storage
So I'm interested in getting started in purchasing and running self storage facilities and want to learn more. At the same time, I have decent money in my IRA invested in mutual funds. I'm thinking of converting so...
Shelon Hutchinson
Passive investor for real estate Syndication
🤫Don’t tell anyone!🤭Be quite as loud as possible. Don’t tell anyone that 📈you they can invest in real estate with their retirement fund.Be very quiet 🤫when you 😃yelled from the top of the mountain that you don’t need ...
Jeff Wang
Do I count depreciation tax shield in my cash flow analysis?
Hello,
I've modeled my investment property cashflows in excel. In my model, should I be counting the depreciation tax shield as cash flow? Logically, it seems like it is cash flow since it is indeed, cash in my pock...
Matthew DiDiano
Purchasing Vacation Home < 50 Miles Away from Primary Residence
Hello Bigger Pockets Community,I have a unique situation on my hands wherein my family is looking to purchase a cabin for our family to use recreationally but also to utilize the property as an AIRBNB for a significan...
Zac Kucharek
Starting LLC questions - 1 or 2 member LLC
1 or 2 members for LLC for spouses when loan/title are under both spouse names:—————————————————————- Hello,I am starting an LLC and have some general questions. I am using the LLC mainly to shield liability from the ...
David Seale
Getting Around Tax Implcations From $50k Gift?
I've tapped into a family member for funding. It's my understanding that anything over $15,000 is taxable. Since 50>15, how can my donor avoid being taxed on this "gift".
Ashley A Merk
Best Business Entity for My Flipping Business?
Hello everyone! I am getting myself more and more confused with each thing I read regarding which business entity is best for me. So here’s my situation..I am about to graduate college and will be working in my field ...