Account Closed
Birddog in south New Jersey
Hi BP, I have been working my regular 9-5 in south jersey for the past couples weeks now. I come across a lot of vacant properties that I usually write down but new jersey isn't my market. So If there are any wholesal...
Achi Adamit
Can Vacant lot be Sold as a 1031?
My partners and I are in contract to sell a small vacant lot in Philadelphia for $35,000, which we bought a year and a half ago for $20,000. I know its not a lot of money, but I was hoping I'd do a 1031, but I was to...
Derek Boxdell
Analysis | Calc Review Assistance
**Reposting based on Davids suggestion... Thanks David!Hi Bigger Pockets!I'm new to the investment world and figured it was about time I come with my hat in hand asking for some help from the community (I've lurked fo...
Todd E.
Self Directed IRA investing to maximize use of my funds
My company has been purchased and the division that I am in will be sold through the divestiture. This will allow me to move my 401K into an SD-IRA, of which all the funds will be used to purchase SFR's, all-cash (no ...
Tyler Dufty
Is this a bad idea or what? (Buy with fiancées parents - Canada)
Fiancée and I will be first time home buyers in the near future. Her parents have proposed the idea of selling their house and using the money, combined with ours, to put towards a property for us. They would put up ...
Sarah Lyon
Raleigh Financial Planner
I am in search of recommendations for a financial planner in the triangle area of NC who is versed in real estate. Currently looking to purchase a multi family with an FHA loan and hoping to convert an inherited IRA i...
Brian G.
Changing Depreciation Write Off
Is it possible to change the depreciation write off amount for tax purposes on a rental property? I was advised to use a 40% land 60% structure ratio applied to the purchase to figure out my depreciation amount (which...
Vince Le
When Should I Create an S-Corporation as a Realtor?
Hello BiggerPockets,I am a Realtor in California. I am about to recently close a transaction that will net me a five-figure check. Since Realtors are self-employed, I have been planning on creating an S-Corp to maxi...
Kevin Reinhardt
Personal ownership vs LLC
Hi Everyone,
Posting from Manitoba, Canada. I'm looking at purchasing a smaller apartment complex and would be utilizing a private investment for the downpayment. Just looking to hear everyones feedback and thoughts ...
Gilles D.
Liability issue and optimal tax structure
Hello everyone,I am an overseas investor and own 3 SFH in America.Currently, they are owned in my personal name.I know putting the properties in an LLC, even if it's solely used as a pass through entity, provides me w...