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Hey everyone, first post here. Based in Los Angeles but looking to possibly invest in Seattle and surrounding area since my wife and I have family up there and may make the move years down the road. Been listening to ...
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I have been doing my taxes this year and I came to this realization, currently I only own investments that I self manage, not a property management business. Right now I own a LLC for holding assets and a separate LLC...
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Hello BP,I am a prospective investor that has been on the search for an investment multifamily for the past year+. I keep reading that there are many tax benefits to real estate investing but am confused to what they ...
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Good morning, We have an old pension that is offering a lump sum payment option (approx 50k). Is it possible to roll into a solo 401k and use that money to fund down payment for 2 investment properties? I assume we...
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In about a year I plan on starting to flip houses with a partner. Recently, I've started to do some research on different entities (S-Corps, LLCs, etc) in order to potentially minimize taxation on our profits.Based o...
I'm looking for thoughts on a house hacking idea with new construction. Situation: My partner and I both qualify for VA Loans and both have 6-figure jobs. We are moving to the Las Vegas area and want to start in real ...
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Sorry for my constant onslaught of questions on here!Here's my situation:-I'm currently spending $1700 in rent on a stupid luxury I can't afford (living alone in Hollywood)-All along I've been asking questions about b...
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Hi BiggerPockets,I have read the book advanced tax strategies and want to take advantage of the Self directed Solo 401(K) I have a few question and was hoping the community could help me out.Currently I have a W2 job,...
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It's the end of the year and I am considering investing in a rental property as a first-time owner, who already owns a primary home. However, I am also thinking about whether I should max out my 401k like I did this y...
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So I am using an agent to find a tenant for my property. I get an application and my agent says he is a nice normal guy.I get the application and it is MOSTLY complete and states he makes almost 18x the monthly rent I...