I'm sure everyone has some knowledge to bring to the table but might not know everything about saving money on your taxes so this thread is here to help make a collective list of ways to save money on your tax returns...
Hey BP! I've been learning passively for awhile and am trying to find the right deal for my first BRRRR.I'm analyzing a SFH wholesaled deal in a high quality neighborhood, which would be acquired for $100k, which is a...
I'm looking into lending a condo owner about 22k at about 10%. The note would be backed up by his condo, which I haven't been able to see the inside of because it is currently in litigation. The person living in it bo...
Hi all,I wanted to pick the community's collective brain on investing in an IRA and get people's experiences on it.1. Can I invest in a self directed Roth IRA or does it have to be traditional? The goal is to use post...
I'm considering a self-directed IRA but have a few questions.
First, If I purchase a house outright how do I calculate ROI? Is it simply (Monthly Income - Expenses) * 12 / Purchase Price?
Second, since I pay Taxes,...
I'm having a hard time finding the right RE lawyer that is well-vetted and that I trust. Here in Seattle, the well-vetted ones are super busy and aren't responding to my calls/emails. The ones that I find on a simpl...
BP! Hope all is well! I’m looking to invest out of state in Phoenix Area or Las Vegas. I’m currently in Cali. I want to see why you would prefer one state to the other. Vegas is a lot closer to me however I feel Phoen...
For those experienced in private lending: This question was posed to me in my membership group from an investor:What strategies have been most effective for scaling your loan volume to $5M+ per month? I'm particularly...
Above/beyond what I'm putting away in 401k/IRA/529/taxable accounts, I want to invest $200K/year for the next 7 years. What would be effective ways to parlay that into a great passive income? How would you do it if ...
Is there a way to defer some rental income into some kind of retirement account when retired?
Lets say someone was able to live entirely off savings for a year, could they somehow put their rental income into a defer...