Noel R.
Note investing and tax benefits, are there any?
Been doing a fair bit of research over the last few days and haven't seen much mention of notes and taxes. Are there any tax benefits with notes? If i invest in a performing note I assume I will be paying standard inc...
Zach Lincoln
Holding Entities Regarding my Own Situation
I have been reading multiple books on corporate structure I.E. "Incorporate and Grow Rich". I make 100k a year, live off of 40k and would like to invest 60k a year. I understand that I shouldn't hold rental properties...
Haixia Shi
Debt/income ratio problem with investment financing
I'm having this problem when looking for financing to purchase a 2nd home as investment. This will not be a long-term buy-hold and I only need financing for 2-3 years before selling. The cash on hand is enough for 20...
Travis Lewing
Bookkeeping with excel
Hello Bigger Pockets!
I just closed on my first rental property and need to begin tracking expenses. I only have the one duplex at the moment so it should be fairly simple at this point. Any tips on an easy to us...
Camden Towne
Any creative ideas of home financing - somewhere between tiny home and minimalist?
Hello,I am at the cusp of finishing a medical education program, with a significant income increase on the horizon. My wife and I will be education debt free after significant work and serendipity. That said, we are h...
Elaine Gee
Self directed Ira, Equity Trust or Broad Financial?
I'm in process of setting up self directed Ira acct either with equity trust or broad financial. Equity Trust charges very high yearly fee plus different fees for different services. So which company is better? Looki...
Adrienne DeBauche
Airbnb tax benefits/advice question
Hi all! My in-laws are looking to capitalize on some of the amazing tax benefits of an airbnb (that we have heard about on a couple of the BP podcasts). They are custom home builders and will be making extra income th...
Leo Q.
Question Regarding House Hack and Section 121
Hello,I've read that house hacking can cause tax implications at time of sale. One of those things being how much of the property qualifies for the section 121 of either 250k exemption or 500k if married. I own a prim...
Malcolm Douglas
Worth it to Pay First 2017 RE Tax Installment before End of Year?
I am curious - Living in Chicago, both a high state income and real estate tax district, does it make sense to try and pay the first RE tax installment of my 2017 bill before year end? I will be over the newly propos...
Joseph Whitton
House hacking and taxes
would a house hacker be considered a real estate professional for tax purposes?