Gary Miller
Turnkey questions by novice high income investor
I had started a forum earlier regarding high income investor and some recommendations that might work for someone like me who has little time but good income. I am a physician looking for passive investment at least i...
Tom Jimenez
Using 401k to invest?
Hello to all! My wife and I just began educating ourselves a couple weeks ago about real estate investing and have a great many things to learn, but to get started we have considered using my 401k through my employer ...
Ryan Denman
15 Year vs. 30 Year Mortgages on Rental Properties
In my market (Denver metro) properties are pricey and the amount of money that could be saved on interest for a 15 year vs 30 year mortgage is significant. I am thinking that properties here would be best utilized by...
Ben Erle
Self-directed IRAs
Hello all,
I am a beginner just starting to get my feet wet in real estate investing. I was toying with the idea of rolling over my IRA (which was rolled over from my old company's 401(k)). I found this compa...
Mark Sacandy
Paying Off a Mortgage With An Inheritance
At great personal cost, it appears that my wife and I will be receiving an inheritance sufficient to pay off our house and possibly allow me to retire very soon. What are the tax implication of such a transaction? W...
Matthew Kafami
Buying A House At 22. Am I Doing The Right Thing?
I'm 22 years old with a good job in a growing field, have about $7,000 saved up for a downpayment living in coastal Florida. The average price for a 3bd/2ba 1,300sq ft house is about $160,000 from what I'm seeing in m...
Cuong Thai
Please help!
Dear All,My family is trying to make the best out of a situation that we are currently in. We live in Southern California and have a rental property which rents about 2k per month, after paying the mortgage (about 10...
Mark Stone
RE tax questions from a noob
Ok I have a few questions in regards to my taxes and am hoping someone could help answer them or point me in the right direction! Thanks in advance for any insight!Due to my income falling between the $100-$150k, I am...
Eric P.
1% rule in NJ doesn't really work?
Living in NJ we've been looking at a few properties and it seems the 1% rule doesn't really work because of the high taxes.. Example:$130,000 property. Owner had cats so it really just needs new carpets to get rid o...
Tyler Durbin
With Multiple LLCs - master bank account or individual accounts?
I have 3 rental properties all in individual LLCs. My intention is to continue to add to the number of total properties over time. Which LLC/bank account structure is best practice?A) All LLCs have their own bank acco...