John Doyle
Can I use rental income to fund solo 401k? SEP-IRA?
I love maxing out our tax-advantaged accounts (my 401k at work and Roth IRAs for my wife and myself). Usually we have a few thousand dollars each year to invest after we max out these accounts (and it usually just go...
Roger Laughary
S Corp Instead of LLC for Rentals?
I searched for detailed information regarding this before posting, but was hoping for some more distinct answers. I have 8 units right now in Kansas under one LLC and have a W-2 job. I also have several friends (some ...
Rennie K.
Giving loan to a Real Estate LLC
Hi All,
I am new to RE investing. I recently opened a LLC and purchased a single unit property (cash purchase). Goal is to have 4 or 5 units at the moment.
My question:
Is it ok to give out a loan (from my personal ...
Chris F.
4plex Analysis-too good to be true?
Here are the numbers:
1-3Bd
2-2bd
1-1bd
2k sq ft, full basement
fully rented @2100/month gross
going for 74,900 short sale, an inheritance that the owner doesn't want to deal wi...
Mindy Jensen
Title Commitment on New Construction - Anything to Note?
Hey hey hey, BiggerPocketeers!A friend is buying a new house, and I'm representing her as her agent. I've never sold new construction before, and just got the title commitment. This seems a bit frivolous, since it's a...
Tyrone Alcorn
Looking to leverage my IRA, suggestions
I have around 20 grand in my IRA and it just hit me the other day that I could leverage this money to expedite growth while getting into real estate.Looking for thoughts, suggestions, and/or mentorship with this as th...
Hussein Salama
1031 exchange and eminent domain
I have very recently completed a 1031 exchange. I sold a property in the Bay Area (California) and purchased five replacement properties in Florida. One week after completing the exchange Marion County, FL, contacted ...
Nicholas Schwab
Schedule C sounds like a dream
I haven't seen anybody write specifically about this before. After looking at hundreds of thousands of dollars in suspended passive losses, I'm planning to provide substantial services on my next house hack. This soun...
Brian Nordman
Is Whole Life Insurance a smart investment to diversify?
Alright, so I've done some research into Whole Life Insurance and I think it has some awesome benefits. In my research though it seems to be pretty equal between the people who strongly advise against it and for it. O...
Account Closed
Tax Lien approach
I found a vacant property and contacted the owner. After title search, a $202k tax lien from another tile co. was placed on the property May 2014. (BTW, the property ARV is approx. $126k.I would like to do a lease opt...