Dijana Aleksic
How to use real estate to offset personal income
Hi all,I have a question that day traders may come across. This is my first year day trading and although I did very well I didn’t plan for doing taxes (did not elect trader status on time). Now, at the end of the yea...
Pat Alford
How would you start in Real Estate if you had $100,000?
I would love to know the answer from people with experience. If you lived in Central Arkansas, where house prices and taxes are lower than average.
Would it be better to use the money for 20% down payments of 4-6 h...
Clayton Crawford
My greatest deal is slipping away!!
I'm having serious trouble getting a loan. I have a property under contract. It looks like this.\purchase price = 95k.down payment = 15% = $14,250Renovation = 5KARV = around 140KClosing is around 5k. The bank (well Fa...
Chris Mcmahan
Capital gains rules for short term flip
Hello, just needing some clarification on capital gains rules. If i flip a house in under one year thats short term cap gains correct? At what percent does that get taxed?
now heres the caveat. I heard/read somewh...
John Cameron
Using private capital for EMD on Multifamily property
Is it common for apartment syndicators to raise private capital or use Hard money to use towards EMD of a property? With EMD typically being around 1% of purchase price, your EMD along with other up front fees can be ...
Steven Gralow
More Cost Effective Withdrawl: Vanguard Roth IRA vs individual
Which would be the more cost effective account in order to withdraw the most amount of money and be taxed the least for real estate withdrawals? Would it be a Roth IRA or individual brokerage account?
Kin Lay
Which state yield the best % for sale of tax lien certificates?
I recent look into tax lien sale and wonder which cities and states yield the best percentage for the tax lien certificates?I live in California and my state does not do tax lien sale.Thanks in advance?
Joshua Randall
Best Properties for Short Term/Vacation Rentals
Hello Bigger Pockets family!I'm curious for those that have invested in short term/vacation rentals, what the best properties you all have found work the best. I can see that there are obvious pros and cons to all of ...
Joshua Boyce
Pre-approval Financing
Hey everyone!Should I try getting pre-approved through a bank for a rental property? I don't have cash on hand, but I do have access to people willing to lend money for a percentage of course. I was thinking I could t...
Bruce W.
maximize 401k contributions?
I have been contributing the maximum to my 401k account, including the catch-up contribution for those over age 50. My contribution far exceeds that needed to get the maximum company match.
I wondered if this...