Cole O'Dell
What would you do with $200k?
What would you do if you had $200k to invest today? Would you invest in STR, if so, where? Would you try and get a mobile home park? Would you try and do flipping or BRRR? I am looking for creative ways to try and inv...
Steven DAmbra
How to Drain the MOST OUT of my IRA for Real Estate?
2nd post here. Just getting started. But know what I want. So I have a pending loan with fund and grow I expect anywhere between 50k - 150k and I have 18k to my name in an IRA, a ROTH IRA. But it wasn't always a ROTH ...
Cynthia Hartley
Why does a contractor want to know if I plan to live in the home?
Hi everyone,I purchased a new house as a primary home, although I currently have a primary home that I plan to rent once the new house has been renovated. I called a roofer to give me an estimate to replace the roof o...
Mark Hawthorne
So whats in a Name ? holdings, properities ETC (then) LLC
Just Not shure whats in the name, I see LLC but before that i have seen Properities , Holdings, Investments etc,,
Do I need to ( when forming my LLC ) need to use one or the other depending on what type of business ...
Corwin Hernandez
What if I don't account for expenses?
Hello BP, I just love asking questions and getting people's insight. So I have a friend who I try to explain some real estate things and he had a question. Being on Bigger Pockets, I've learned that you put money away...
Rodney Sums
Trying to choose between granite counters or stainless steel appl
I'm debating whether to go stainless steel appliances with laminate counters, or get the granite counters and do white appliances (white would go better with color scheme of paint job than black)The property is a two ...
Matt Andrews
How do I pay the least amount of capital gains tax in Ontario?
Hi BP community! I'm looking for professional advice from an accountant or tax specialist on how to minimize capital gains tax on a somewhat complicated triplex deal that I purchased 2 years ago in Windsor, Ontario. H...
Zachary H.
Should You Make Potential Tenants Aware of Reasons for Denial Upfront?
I am in the process of buying my first multifamily property and have began to investigate screening techniques, applications and the like. One question that came to mind when dealing with potential tenants and discrim...
Mike C.
6 month leases in downtown Seattle
I have an 800 sq. ft. condo in the Denny Triangle area, and I'm thinking through different strategies for how to rent it out at some point in the future.The HOA unfortunately prohibits rentals for less than 6 months, ...
Heidi Ann Faller
Negative AGI from rental properties - how to carryforward and use
In 2021 I had overall negative AGI on my personal return due to losses on rental properties. I had no tax liability in 2022 and now here in 2023 I do. How/ where do I utilize that prior loss? Is it an NOL on Schedule ...