Zach Geddes
Potential Tax implications for buying house for parents
First thank you for your time.I live in CA and my parents are moving to MN where the rest of my family lives. Due to health issues my parents are now on disability and a fixed income and want to move for cheaper cost ...
Joseph Ziolkowski
Entity question
Hi everyone! I want to form an LLC for my new wholesaling business and want to open up a bank account for it. My question is, my credit isn't great right now, and I know that banks are suddenly choosy about who they w...
Basit Siddiqi
Rules regarding Escrow Payments: How to Opt out?
Hello everyone,Again - Thanks in advance to everyone who is able to provide me with feedback/answers.My goal is to pay for homeowners insurance/real estate taxes on my own without it being paid by a bank via monthly e...
Account Closed
Texas Tax Sales - What Happens When You Win?
Hello. My name is Jim and this is my first post on Bigger Pockets. I'm a very minor (2 properties) real estate investor. I've been a landlord since 2012 in the Austin area of Texas.I've been looking into possibly p...
Kathleen DeNault-Ridge
Newbie passive investing strategies
I would like to get involved in RE as a retirement strategy. I am more interested in long-term investing rather than cash-flow. With my full time job, my young family, and limited available time, I have been recommen...
Daniel Dietz
Contribution Limits for Solo401k & IRAs ?
This is more of a tax questions that real estate, but the funds would then be investing in real estate.My plan is to set up a Solo401k before the end of the year, but have a few questions during the planning phase bef...
Marc Shin
Putting STR into service at end of year vs beginning of next year
why do some investors try to put their new STR's into service towards the end of the year when there is very little active income to offset? what is the benefit of putting a new STR into service towards the end of th...
Michael Delpier
Houston - Is the market going soft?
Houston, Do we have a problem?I'm wondering if the market is softening in Houston Texas.Fair warning: I'm new to analyzing. And my information is from realtors web sites. (not raw data) But the data is reported to com...
Delfin F.
Depreciation distribution rules
I own a property that showed a small loss for this tax year.The reason for this loss was due to depreciation.My question is how or what do i do with the money that is in the bank which represents the depreciation amou...
Gerald Lord
Can't Find Comps?
Hello all!
When looking for comps, what do you do when you can't find any comps within the past 6 months?
1- Leave market alone due to low activity
2- Use price per sq ft of houses that are different but within the...