Steve Kim
Ready to pull trigger on first deal- would appreciate feedback
Hi BP!I currently have one rental property (primary residence turned rental) and this will be my true investment property purchase and wanted to make sure I'm on the right track.Anyway, my agent who is also a builder/...
Mark S.
FIRE Strategy for High Income Earners
Financial Independence Retire Early (FIRE). It seems to be everywhere these days. I just heard on a podcast that there is a movie coming out in a few months about the FIRE movement - which sounds awesome. I'm sure ...
Chris Sickler
Do I separate LLC for both my flipping & rental buisness?
I have been flipping houses for 3 years now under my LLC, but was wondering if I should start a new LLC specifically for my rental properties. How does everyone else structure their flips and rentals?
Alex Gaeta
House hacking with 0% down
I am looking at buying a property in the Jupiter or Palm Beach Gardens area. I have a preapproval for a doctors loan of 400k with 0% down and an APR of 4.569% no PMI. Currently I'm paying 2000 a month in rent in a bad...
Cheryl C.
1031 question
I am doing a 1031 on the sale of a property that has been depreciated down to nothing (it's a condo). I own it free and clear. I would like to have the cash - but not the tax bill. I am thinking that if I buy a ren...
Lucas Pfaff
3 Trinities w/Seller Financing in Central Philly
Hi All,I have the opportunity to purchase 3 trinities in the center city/bella vista neighborhood in Philadelphia but I'm having some trouble analyzing the opportunity and putting a value on the buildings.Note: Trinit...
Bruce M.
Solo 401(k) with checkbook control reporting
For those of you that have a Solo 401k with checkbook control, does your financial institution that holds the funds perform any reporting? For example, do they issue a 1099? My understanding is that the only rep...
Josh Rich
Setting Up Solo 401k
Today I'm working on taxes and finalizing my Solo 401k set up, yes tons of fun...not my favorite way to spend a sunny 75 degree Saturday in San Diego!
That said, I need some guidance on next steps.
Step...
Dennis Hertzler
Self-Directed IRA question
Ok, I have read a lot of posts on this subject and I am still unclear on what you can and can't do. But, it appears that I may not be able to do what I was hoping to do...Here is the scenario: I have recently "retired...
Jacqueline Coombs
Help! Grand Rapids MI dual use property options?
Hi, all. I need some help deciding what I can do with a deal brought to me by a friend. Property is a two story with a one story side-addition, 3200 sq ft, century-old storefront-type building with 2 1-bed apartments ...