If I have an existing LLC, am I able to switch the owner to be a self-directed IRA? What factors need to be taken into account for a situation like this? 

Hi BP,The community has always answered all of my questions, or at the very least, pointed me in the right direction. I have a rather complex question that I was hoping someone could help.I am in the US. Active in my ...

Hello fellow Biggerpocketers! I just wanted to mention that I love this site and I've been following some the forums that have been posted. Also the podcasts are awesome. Just to give you some info about me, I'm fairl...

I've got a good/bad tax problem and I'm looking for some advice:My wife and I bought a rental property in 2015 for $275k (no LLC, purchased directly in our name, so technically a partnership).  We put about $25k into ...

Could someone please explain this to me?

Hi All,     I was trying to look at some tax strategies and was curious if anyone else knows if this is possible.  I have rentals in my IRA.  Is there lending institution that would allow me to put 20-25% down to buy ...

I am working with a seller who is looking to sell her 6 family property that she is living in and purchase a 2 family house where she will occupy one of the units.Assuming the 6 family property is sold for $1,500,000 ...

There is a lot of confusion about what comprises closing costs and prepaids and understandably so. I see a lot of posts on Bigger Pockets asking if I should refinance because my closing costs are XYZ. Often, these num...

Hi, here's my question. If I buy a 4 unit multifamily property using a 1031 exchange for $2 mil then use my own cash to remodel it, then have it appraised for $2.5 mil. Can I then refinance the property and take some ...

I'm looking to House Hack as a start too my investing career, could I get a few tips to house hack in a very expensive place like Toronto, Canada. I have about $30,000 saved up as of now and I am a full time student i...