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Hey BP Fam, I had a thought about what would happen, and would it be worth it, to place my primary residence under my LLC and then charge myself rent to live here. I saw a bit online that stated it could be worth it i...
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Here are the income tax brackets for 2014 and 2015 (from Bankrate). The same six tax rates still apply, but the income that falls into each in 2015 is adjusted for inflation.http://www.biggerpockets.com/blogs/5881/blo...
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Hi, I have a quick question regarding tax deed sales. If i purchase a tax deed property and pay all liens owed on the property do i now own this property/house and can i inhabit it?
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New to the website. My name is Kyle Payne and I specialize in Tax Liens & Tax Foreclosure. I have only been in the business for 3 years but I would consider myself an expert in the field of Tax LIens & Tax For...
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I know this a common topic of discussion, but thought I'd ask another question as it relates to rehabs (we GC our own rehabs).
I know you need to send a 1099 to any "independent" contractor to which you pay $600 or m...
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Hey everyone, I'm very excited to start this journey in real estate investing. The 1st thing I know I have to do is get the funds. I'm shopping around for a Life Insurance policy to take out a loan against the policy ...
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Before the end of the year I would like to move my IRAs and TSP out of the stock market. I am looking for some advice/guidance on the best strategy to make this happen.here is the run down- Currently invested in TSP (...
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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...
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Hi Folks, we are new to the investing world and have just been offered a trade on our house that we just bought about 4 months ago in the Northeast quadrant of Washington, DC. This deal was brought to us by our agent/...
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I closed on a 10-unit on Monday. On Wednesday I was offered to flip it for 50k. I know what I did, but would you do it?