I’m a little cloudy on the specific tax Benifits you get from owning rental real estate. So please correct me if I’m wrong....I bought a 4 plex this year with a VA loan, it’s considered my primary residence. I don’t m...
Good Day Bigger Pockets community,I am an active duty military member and just sold the first home I had bought back in 2010 which I wish I didn’t have to sell it but at the time needed to pay off debt. The question I...
After managing many properties in my state of Maryland over the years I have seen the law of averages even out over time when it comes to expenses in various asset classes so Im posting this to give people some genera...
I have been reading alot about taxes and 1031s but i never seem to see anything on how you pay yourself without having to pay the higher tax rates for gains and profits. My thoughts are that you can pay yourself of...
Hey folks, I am ready to start investing in rental properties and am meeting with my realtor soon. A lot of the places I have been looking at are currently fully rented out. It would seem that this is a positive, in...
Since I don't have enough cash in hands I decided to use money from my 403(b) retirement fund. I created a self-directed IRA with a custodian company. I don't have too much into my 403(b) either, only $60,000, not eno...
Hello BP Community, Not a visit goes by where I don’t learn something new. I recently completed a rehab on a SFR thru my LLC using a loan from a private lender for the purchase, and funded the remodel using a HELOC on...
I’m a complete newbie to REI. This is actually my first post here on Bigger Pockets. I dabbled with the idea of REI earlier in life (I’m currently 39), however, I received mediocre advice and I just wasn’t hungry enou...
This is my first time doing tenant screening and fortunately we have a lot of qualified applicants for our property. I am wondering how to deny someone just because I think they would be a huge headache to deal wit...
I wanted to share my experiences working with Federico Gutierrez from Holton Wise. My disclaimer: this post is about Federico Gutierrez and his professionalism and my experience working with him. I will update this po...