Hello members,We got a house almost 10 years ago with a big lot. The house is leaning towards one side of the land, so we are currently working with the city to have the lot sub-divide, and have a new build on the ot...
I am a fairly experienced real estate owner buying and holding properties for rental income and I am actively involved in the day-to-day management. These properties are in New Jersey, Virginia, and Florida. Titles ar...
So the way I have my real estate loans structured is a 7/25 intrest loan with a balloon payment after 7 years. The discussion keeps coming up as to wether during those 7 years I should put any cash flow towards the p...
I've been looking online getting ready for tax season, and I'm having trouble identifying if I will be taxed under a real estate dealer. I've wholesaled 30+ transactions this year using assignment contract, wholesale-...
Hello,Has anyone used the online company called SELF DIRECTED RETIREMENT PLANS, LLC. I am looking to use them for my 401k account but cannot find any on line reviews.Thanks,Tracy
I am trying to understand how capital gains would work on the following scenario. I have a rental property that I would try to do a lease-purchase deal for a family member. They will sell their home and parents home a...
Hello Bigger Pockets: I came across a 10 unit apartment building for sale in a smaller city in Kansas. This area has several factories in the area that support the community. Each unit has 2 bedroom and 1.5 baths. I ...
Understanding the IRS Section 179 Election to Expense Depreciable Assets is crucial to making the most of your tax strategy.
This provision allows taxpayers to expense certain qualifying assets upfront instead of dep...
I've been a pod-cast listening lurker for a VERY long time, and finally got frustrated with my inability to find the right "niche". I didn't feel like I was enough of a "big deal" to use this forum, but every other fo...
Hi. My name is Brian. I am set to close on a 2 unit home in hackensack NJ at the end of this month. I also have owned a 4 unit in Guttenberg NJ since 2018. Starting 10/1 i will have a vacant unit in each home and I am...