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I recently sold my business and have a fairly sizable amount of capital to invest. I have gravitated toward real estate and mobile home parks in particular. My biggest issue is the operational side of the business. ...
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To Partner:I understand that buying and flipping RE from a checkbook IRA is considered and active business and as such could be subject tax (UBIT?).I have an idea which I am sure it not original to me...want to solici...
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if I purchase a property with no deductible Ira funds and after death my daughter inherits the Ira...will she have to pay taxes on the inheritance? Will she have to sell the property or can she keep the property and ...
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Hi, All! Who here is operating under the BRRRR strategy and how has your overall experience been with it so far? I am listening to the BP podcast right now and it sounds interesting. Pros? Cons? Success Stories? Thank...
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Hello, I'm a newbie to investing! I'm from Gulfport, MS and I'm really interested in investing all over. I really want to focus on wholesailing and selling to retail buyers. I haven't done my first deal but one of my ...
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I’ve read the CARES ACT special rules for retirement funds (ex: 401k/IRA). Allows Coronavirus related distributions up to $100k. Is there too much risk (ex: legal implications) in taking this option? There is a repaym...
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I currently own one rental and would like to acquire another one in the near future. I am trying to save up the funds for 20% down on my next investment. To get the 20% I need to get my next property, I could borrow...
Scenerio:My fiance and I are buying an investment property together. The bank advised us not to apply for the mortgage together because her income has essentially nil for the last year; however, she has substantial as...
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I am just curious to hear how real estate investing has provided funds/resources/opportunities for BP members to do good work in their communities.
Post your stories here and inspire folks!
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Hey BP Family, I feel like this is a really simple question/solution but I can't wrap my head around it. I started separate business and personal accounts for clean book keeping. I invest in SFH and small MFH. As I ne...