Hi Guys,I have been helping my flip homes through her self directed IRA. We are shifting our focus to duplexes and I recommended we setup a LLC for protection and tax benefits. How would this scenario worked if I am h...
Hi All,
I just have a fairly simple question. First off, landlording has been great for me so far in the year and a half that I have been doing it (knock on wood). The problem is I have not done my taxes for 2011 ( ...
To all my BiggerPocket Investors and Professionals, I need feedback ASAP.(SCENARIO)I have owned a house for over 25 years as a primary residence and want to move and get a new house. I was thinking about renting it ou...
Has anyone used Venmo to collect rent? If so, what was your experience?I'm currently using a bank that has a branch both where I live and where my property is (about 4 hours drive). I am thinking about switching all...
For geography, the property is ~20 miles NW of San Antonio, TX in a neighboring county. The recently-built dollar store lost the battle with then neighboring dollar store and the small grocery/hardware store. I hear t...
Hi, for those here who own rental properties 1-4 unit residential, Are we able to use bonus depreciation when filing taxes on these assets? I was told that you are only able to depreciate These assets with their norma...
Accelerated Depreciation - can you use it on your taxes when you are an investor in a group purchase of a multifamily Apartment Complex? or an investment in a Senior Assisted Living Facility? What type of investments ...
Hello everyone. I just got started in real estate investing about 3 years ago. I currently have two condos, one SFR rental and my primary home which is an SFR. Both SFRs have home insurance. I'm not sure yet if I shou...
I am going from 1 tenant to 6 in the next month. How do you receive payments? I am setting up a P.O. Box and will be sending an addressed return envelope with the tenants monthly bills. I do not have a place for peopl...
Greetings,
I am asking if any investors out there who have rolled their TSP into an SDIRA account. I do not have the clear guidelines as to whether or not it can be done. I sent TSP an inquiry regarding this matter,...