Hello BP, Im a new Investor and I'm planning on Flipping a house soon once I figure out my funds, but my question is do I need to get an LLC before hand? Or is it just better to have it in general?

My wife and I purchased a duplex in Denver last year. It was financed using a primary residence mortgage. We had to put $105k down to qualify, based on DTI. We lived in one side of the duplex for about 7 months, then ...

Hi Bigger Pockets Community! Merry Christmas and Happy New Year to you and your family.
So, I am going down the rabbit hole of researching moving my 401k and my wife's 403b from a former employer to a Solo 401k and...

Just contemplating selling one of my STRs and buying MF. I purchased it in July 2020 and it has been running as a STR full-time since Feb 2021.Any thoughts, strategies, tax consequences, etc, I should be thinking about?

1. If a newbie investor has access to a 401k loan for the down payment, how is that viewed by Hard Money Lenders? 2. If using the 401k loan as a down payment, I assume it's best to wait until after a credit report and...

Presidential candidate Joe Biden plans is announcing a $775 Billion dollar plan to boost Child and Elderly care. It’s a decade long plan that will be paid for by reducing or eliminating 1031 tax breaks for real estate...

A friend of mine has been investing in Real Estate for 7 years and turned me on to the idea a couple months ago. Long term I would like to focus on flipping homes so as to avoid property management and tenants. But I ...

Hey BP,First post in here, short intro: I’m 25, Technical recruiter living in Austin Texas, just bought my first house in Austin July 2021.I’m keen to get into REI, not necessarily in Austin or even in Texas for that ...

Hello,We recently sold our house and made a net of around 160k...we now have a contract on a new house and I am trying to figure out how I should finance this new house. Is it recommended to put 160k down on the new h...

Hi All,My CPA is advising that I have my LLC be taxed as an SCorp because I'm an active participant in my fix and flips.  To clarify, I have a multiple member LLC (me and my husband).  In that LLC, I make some private...