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Hello BPer's:Anyone else out there tired of the annual insurance premiums increasing year after year, even with no claims ever? My rates jumped 25% on all my properties in just 1 year all with no claims! I have Erie I...
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I purchased a multi unit property ,the renovation was included in the mortgage my question is ,when it is asked on the tax for depreciation the purchase price do i use the sale price of the property or do i use the s...
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Hi everyone,
I bought my primary residence 8 months ago. I intended to live here for 2 years and then keep it as a rental property. The issue is that a train track runs behind it and the vibration is horrible (litera...
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Hi BP,I’ve been looking into creative ways of raising private capital and through my research one possible option I landed on was to have a family member (my Mom) take out a HELOC on her primary residence (she has ~ 9...
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In January I will be legally documented as the new owner of my dad's business. My sister has one property that is under her name which she no longer wants to manage or continue owning. I was wondering if we could use...
Hi All,I'm looking for advices on the legality of taking over my parent's mortgage and house. Then use it to rent out to my parents. Just wondering if there's any benefit to that. Currently I co-own the house, but wou...
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What are people recommending if you have an S Corp to minimize tax burden and continue to invest in real-estate. SEP IRARoth IRA401KSelf directed IRA / 401k
Hello everyone,
I'm looking to buy two townhouses and rent them out. I was told I could only get a personal loan. How do I buy these properties as a corporation? Can I buy them on a personal loan and eventually sel...
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Hi All,
First time poster! Look Out!
Starting the journey and doing a lot of research. So, I (as in spouse and me) have been trying to determine the best approach for my previous employer 401k balance. I am i...