Bobby Shell
Taking out 401k to buy rental. 100% depreciation
Listening to Robert K (Rich Dad) and his partner Tom Wheelwright they said you can take money out of your 401k and take the penalty, but then buy a rental and depreciate it the first year to offset the loss where you ...
Susan O.
Going from Sole-Proprietor/Landlord to S-corp for self managing
I'm currently reorganizing and restructuring my rentals from being a sole-proprietor landlord to having an S-corp for managing properties.I just set up S-corp for managin the properties January 2017. It's $800 per ye...
Carl Fischer
Last minute tax moves for new bill
Quick take on new tax bill-if possible defer income to 2018. Pay deductions in 2017. My first move!Lower tax brackets in 2018- less deductions available in 2018 compared to 2017. Example: Florida allows you to pay pro...
Chris Gordon
Locals' opinions on where to move to.
Cliff notes for this long post: We want to move in summer of '18. We've narrowed down to a list of about 17 places. Looking to get a local's opinion of these places, but also establish contacts for when we do move (es...
Amy Silva
Good opportunity that could go wrong
Hi, I have an opportunity to purchase my parents home for $500,000 in the Bay Area (Home could be sold for about 1.2 mill). Obviously, I would love the chance to get ahead of this crazy market, but there is some agree...
Nicole Williams
Newbie Question
So there is an apartment building with about 25 units in it. I know the owner, she actually watched me grow up. She is getting too old to keep the building. So I presented to my significant other to possibly buy the ...
Rob Catching
Exc. Credit+Cash, but Low Income - Financing Recommendations
Hello all, I am new to the forum and decided to become active. I have read enough posts here to know that this forum has some very experienced and knowledgeable investors who may be able to provide some insight regar...
Danielle Price
How to get financing with fluctuating income
Good Day My Fellow R.E. Investors,I posted this in general discussion but thought might need to post here....I have been on the hunt for about 3 years getting things in order for a property to invest in.. I finally go...
Jesse Chunn
Property Management Percentage
This has probably been asked many times before, but I was not able to find it, so...When analyzing a larger multi-family (50+ units), what percentage should be plugged in for a third party property management firm, as...
Charlie Huynh
Starting Out in the SF Bay Area
Hey everyone, I've decided to get into real estate investing and have started to do a ton of due diligence and research on the topic. I have gained a lot of information here on BP and wanted to thank all the contribu...