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I'm getting ready to start year 2 as a landlord. Year 1 went great, but tenants are moving out at end of month, so I'm in the process of showing my rental house, and getting lots of interest.Here's my question: based ...
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Can one cover the shortfall of a self directed 401k for property purchase with a cash infusion?
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NET WORTH/EQUITY pros: 1) Ability to leverage assets with current low interest. 2) tax free money which could become very valuable with the new administration.
CASH FLOW pros: 1) money without debt for real operatio...
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Hi everyone - just signed up for a bigger pockets account this evening.
I'm 24 years old and live in St. Pete, Florida - I am new to real estate investing, I currently have no properties.
I've been putting money a...
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Hello Biggerpocket members,I am living in Portage, MI. I have been working with a CPA for tax report. I have two LLCs, but based on the CPA suggestion, I am thinking to change one LLC to S-corp in an attempt to reduce...
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Hi. I’m a real estate investor from Norway, looking to set my foot in to US market. Anyone from international investors can share their experience? I have questions: How do i buy house without social number? I read th...
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The IRS does not allow real property Dealers to use the Installment Plan method of accounting. This means that if the Dealer does an Owner Financed sell, he/she is responsible for the tax liability for the entire pape...
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Thanks to @BrandonTurner post regarding “The 100 Ways to Make Money in Real Estate” it is clear that there are numerous ways to get deals done in real estate. More importantly, there are a variety of ways to get fundi...
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Have around 10 units self managed and looking to optimize my business systems to be slightly more scalable and automated. Not exactly sure where to look for this and have done some googling and asking around but don't...
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I got a lot of value from Michael L's ongoing post about his experience with Elite in Chicago, so I thought I'd replicate that for others. https://www.biggerpockets.com/forums/223/topics/16...I live in Southern Califo...