Currently have 3 rentals carrying legit losses on my tax return for a number of years now. I understand that this will be useful when I sell, in order to reduce my capital gains tax. It also reduces my AGI from my 9-5...
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So far I have been working on my business plan following the RE investing guide template on bigger pockets. This is my rough draft up to this point in time. Is this what it should be looking like and does this sound ...
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Hi all. I know a lot of us are looking for property management companies. I’ve recently terminated my relationship with GTL and specifically with its owner Todd Ortscheid. I believe he’s on here a fair amount marketin...
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Hi all!
My name is Armand, currently residing in New Jersey and I am new to BiggerPockets. I have been a Registered Nurse for the past 8 years, working as an ICU trauma nurse and currently the Stroke Coordinator of ...
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Hi BP,Background info: I am living in my wife's house(her house and not mine legally). I don't have much capital for investments and people have recommended house hacking to me because of some apparent loan benefits (...
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Good afternoon all! I am thankful for the wealth of knowledge that you all provide and this network. I have found myself having difficulty making REOs simply because of commitments with the kids and time crunching. An...
I have a possibly odd question.. Is it possible for a property to go up for sale, listing removed, upset sale, judicial and then repository? I've located this property and it has a decent amount of value and all of th...
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I have a question about getting a HELOC loan. Is there any restrictions as to what I can get a HELOC for? I want to get cash via a HELOC to buy stock. Before I go through the process, can this be done?
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Currently my partner has properties in his name that have conventional financing, we are looking to transfer these properties into the LLC we are partners in. What type of concerns should we have with transferring the...
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So I have set up an IRA for RE Investing.
I now have the opportunity to buy a duplex. It will be under market value, need about 20k in repairs, and will be cash positive
What is the best way to structure this?
I...