Ben Feder
Should I structure a business entity for my large MF real estate?
I plan on investing in large multifamily commercial properties (10+ units, 50+ units, and 100+ units). Should I form a business structure for this for legal or tax purposes, other reasons, etc.? From basic research I ...
Aaron Mazzrillo
Note Terms & Clauses
On another post which we kind of derailed, we got into discussing creative financing techniques and clauses some of us use in notes secured by real estate. You can read more about it here:
Original "Motivatio...
David Coombes
2% v. 50% Rules in Saint Louis
Today For the last several months I've been analyzing properties listed for sale in the Tower Grove and select South City areas of Saint Louis to buy and hold. Very few are meeting the 2% rule though some pass using t...
Kevin S.
CFP or CPA
Hi BP members,I want to use my 401K for REI. I looked into SDIRA but prefer to do a Roth conversion (pay taxes) and then invest in RE within the Roth. I am able to withdraw without penalty. Has any BP members done ...
Mark Forest
Capitalize or expense
I have brought this up on other boards, but I still am not sure of the answer. I am a landlord who has acquired some fix up properties which I will lease to tenants. I have not yet made any of the houses rent ready....
Michael Plaks
EXPLAINED: IRS audit "insurance" - no more fear of an audit?
This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...
Curtis Steinman
Flipping in a Self Directed IRA
I am looking at rolling my 401k into a self directed IRA with checkbook control in order to flip properties. I will be buying the properties using case from the SDIRA and reinvesting the profits back into it. So I w...
Anna Catron
SCOPE OF WORK NEEDED IF I'M DOING THE WORK
I'm buying a small duplex that needs 20k work, not including labor. I'll be doing the work. Do I do a SOW, just to learn how or do I just track the expenses and hours of labor? When I say, "I", I'm referring to my ...
Shawn Long
Backyard Knowledge in the Northwest Indiana Market
Hello BP crowd,
I am fairly new to Bigger Pockets but not to real estate. I keep my ear to the ground here in Northwest Indiana and I want to offer a networking/knowledge source here in my back yard. I wanted to...
Kyle Meyers
Appraisal Fee Deduction
I am getting a cash out refinance mortgage on one of my rentals and will be using the cash to rehab another property to rent out. As I understand it, the appraisal fee and some other closing costs are not immediately ...