Kerry Drake
LLC holding primary residence?
I recently started a wholly owned LLC to perform fix and flips initially, with the idea of transitioning to buy and hold as the cash reserves allow. Is there any tax incentive, or disincentive, to transferring my ...
Tristan Pearrow
DSCR Loans: Lending Parameters, Key Features, and Up to 10 Units
Hey BP Community, a lot of you have had questions since I posted about DSCR loans last week. So...
Here's a follow up on my last post. This time I’m going to highlight some of the features of a few DSCR options for v...
Alejandro Jimenez
Should I stay, or should I go?
I am a licensed real estate agent out of Beaverton, OR. I am now going on my second year with the firm that I started with when I first got my license. Our annual transactions as a company for buyers/listings in real ...
Roselin G.
Walk away and jump in?
Hello all,Those of you who are in real estate full time now and left your w-2:Looking back, would you have left w2 earlier (assuming income wasn't an issue)I have a well paying W2 job but its very time consuming/deman...
Shrikkanth Parthasarathy
Pay down or Scale up
All,
I'm a newbie. House hacking does not work for my situation. I still have a mortgage on my primary home, and recently acquired a rental in a smaller cheaper market. I might come into money. My internal debate is...
Andrew Pettit
Dividend Tax Question
Evening BP, Want to reinvest my dividends from my brokerage account and if I reinvest it within the calendar year do I avoid capital gains? So, technically I am not taking any realized gains. Thanks.
Account Closed
Anyone here invest in health clubs/gyms?
Anyone here invest in health clubs/gyms and/or is familiar with the industry from a real estate investing standpoint? I've got loads of questions for you...
Steven Wocknitz
Should I incorporate in Canada?
Hey BP fam! I am looking to start my real estate investing journey here in beautiful central British Columbia, in 2020! My main goal is to acquire rental properties (BRRRR strategy), but also fix and flips should good...
Stephon Rhea
Capital Gain Sales Tax Question
Just recently sold my first flip. What is the current rule on being taxed for capital gain and how can I protect myself to avoid being taxed at a high rate? I've heard that if I buy another investment property within ...
Kenny M.
Tough decision. Sold some properties, others no mortgage
I've been selling off some unprofitable properties, but I made up for it with the sale. Netted around 200k all-in-all. I didn't do a 1031 exchange as I have so many carry over losses from my new construction, it reall...