I currently have about $115k in my Roth IRA. $60,000 is contributions. If I understand this correctly, I think I could pull out $60,000 for a 10% penalty ($6000). If I pull out the whole thing I think I would get hit ...
Now using the de minimis/routine maintenance safe harbors instead of bonus depreciation for appliances, carpet and the like. I don't understand why my taxes go up a few bucks when I change move an item (a kitchen appl...
We've tried to compile some of the most important forum posts and articles about using an LLC or other corporate structure for your real estate business.
Check out the most frequently asked ques...
Hello everyone, I'm a newbie to commercial investment but have an opportunity that I may want to take advantage of. A trusted friend and I are talking about purchasing a commercial property as partners. My question ...
I would like some opinions from the Pros here in BP. Here is my situation. I currently live in a property which is actually to big for me. If It sells at market price. I will net approx 40%. Which will double my cash ...
Simple answer might be: consult CPA / get one. I'm trying to see if there's a rule of thumb of sorts.I recently rehabbed a home late last year, and spent a lot of money doing it (it exceeds my income from my normal jo...
POLL: What are the areas to NOT invest in in Pittsburgh and the surround areas? This can be defined at C- or below areas that are the biggest headaches. There is a lot of speculation in the market today with the "next...
I'm looking into purchasing a couple of multi-family properties from some older Sellers. They are getting older and are having a hard time maintaining the properties. My question is:- Their concern is selling the ...
Hello everyone,I am trying to compile a list of the best asset management practices from active apartment investors. If you have experience with asset management and multifamily properties, could you please provide an...
In the latter part of last year I executed a very large 1031 exchange and I am now the owner of a number of real estate properties. The properties are all owned free and clear and the income from them has proven to be...