Daniel Gerardi
Roth IRA conversion or rollover to a solo 401k. Is there a way ?
Hello BP Community ! I live in Phoenix AZ and in my quest to choose the best self managed retirement account (for me), that I can fill with a few hand picked investments from the NYSE to grow my wealth for retiremen...
Layla Savant
Length of rental period when converting primary residence TO rental for 1031?
Hello everyone! From what I've gathered, when converting a property acquired via a 1031 to a primary residence, one needs to be very careful to not trigger tax consequences by rkeeping the newly acquired property for ...
Account Closed
Calling all w2 professionals! What if you could pay ZERO in tax for 2024?
If you have ever used an AirBnB and are interested in investing in real estate, this post is for you! For individuals navigating the demands of a w2 job and grappling with substantial tax obligations, exploring the po...
Alex Agafonov
How to buy a second property?
First time poster, but definitely not my first time on these forums and I am never disappointed with the wealth of content on here. I am 23 and just closed on my first property this week using an FHA loan. I will hav...
Darrell Wallace
Did Stimulus Bill include change to depreciation limits?
I ran across an article (I think it was CNN) that made reference to some change to the tax code that was included in this new stimulus bill. Something about a change to depreciation limits. The article framed it as ...
Devon Rollison
19 yr old: What is wrong with my ROI calculations 55-100% ROI/yr?
First off for some reference before you get into the Example: As you know there are at least 5 different possible "sources" of income when buying any kind of Apartment, multi family or single family real estate deal. ...
Carson Wright
Best Entity for Flipping and Best for Rentals?
Hi, I’m new to this website, but heard I can ask all of my questions here. I was wondering what you guys think the best company structure may be in terms of entities in terms of both flipping houses and also holding r...
Marty Hofmann
1031 Exchange with Title Transfer to LLC
Question: We closed on a property in November 2018 fixed it up and rented it the couple that wants to buy it. They agreed to buy it once we crossed the 1 year mark so that we could roll capital gains out into a 1031 e...
Jessica Ferraro
Self employed, meet IRS def of real estate professional too. How to take losses?
I'm self employed, but last year my duplexes took priority and earned me the distinction of meeting the IRS definition of a real estate professional. I'd like to take advantage, but I can't see how to do so. I have lo...
Jared Iddings
Acquire more rental properties
Looking for some insight on how to move forward in my real estate portfolio and acquire more properties. I currently own a quadplex purchased at $398k interest rate 2.875% monthly mortgage at $2,999.00 and all 4 units...