I have a property under my LLC that has a private mortgage/loan on it. I was working on generating a 1098 and noticed that the 2015 1098 form is asking for a social security number in the Payer's box and not an EIN. ...
Hey all, I thought I would come on to Biggerpockets to discuss and seek some perspective and insight on those of you who may have some previous experience on developing a small (2-4) multi-family property in which I h...
I am trying to sell one of my Solo 401k properties. I've been made an offer of 50% down and for me (my Solo) to owner finance the other 50%. Is this legal? Can someone point me in the right direction? I really need a ...
Hi there,
I'm brand spanking new to this forum. I"m just about to turn 30. I live in Ontario, Canada. I work in commissioned sales as well as market online. I really want to get things going in Real Estate and become...
I've been exploring the discussions addressing IRC 199A and the IRC 162 requirement that must be met in order to obtain the new tax benefit under 199A. During that process, I came across the item below which appears t...
Private real estate offers many benefits to individual investors, such as high returns, portfolio diversification and tax efficiency. Institutional investors have long understood the merits of this asset class, and re...
Looking into IRA LLC and had a question about the cash flow from a property. Does that go back into the IRA? How about setting up a management company to manage the properties, and do the maintenance. Would this be pr...
HI guys,we bought this property in California in 2019, we rented it to section 8 person.3 years later we received a bill saying we owe 11K in taxes (plus 4K in penalty, of course). The problem is we did not rent the p...
Hey bigger pockets family, newbie here. I’m curious about how most of you keep your liquid cash. High interest savings/checking account? Money market account? The reason I’m asking is because I’m about to inherit abou...
Hello - I've been looking to get started in the real estate investment business for a while now. My goal is to create a cash-flow generating portfolio for my family and break free of the "corporate slavery" we deal w...