Jacob Vanden-Berg
Generating llc income
My wife and I own our home and rent out a back room/unit. We want the income to be reflected as income for our LLC instead. What I've found says I'd have to sell our house to the llc but could I rent the space to our ...
Justin Cunha
How Military Investing whether You're active duty/retired/civilian can be beneficial
Hi Bigger Pockets family!I'm a recently separated veteran and I want to share with you why investing into the military niche is beneficial. Whether you're an investor or want to start investing it can be very benefici...
Account Closed
Mutually Beneficial Partnership
Hi,
A friend and I, are interested in partnering in his state TX to purchase investment properties. He has a newly built home in Austin and I rent in CA. He has the income to qualify for a loan and I’m 50/50, I’m cur...
Peter Gaston
Curiosity Question
good morning BP. I've read in multiple guru books how beneficial it may be to become a realtor while in the pursue of becoming a full time REI. Can someone please express the pros and cons of this?
Pesi S.
Refinance Closing Costs VS Breakeven Point
Hello,
If one can refinance and reduce their interest rate on a investment property by 2% points but it takes 2.5 years to just recover all the fees is that normal breakeven time and worth doing it. The closing cos...
David Mile
WHAT IS A 1031 EXCHANGE AND HOW DOES IT WORK?
Are you aware of the 1031 Exchange and how it works? If not, then this article will help you to be familiar with the 1031 Exchange and how is it beneficial for you as the investor.
A 1031 Exchange...
Kevin Phu
Is accelerating amortization beneficial?
Not sure if this would be the exact section to put this so sorry ahead of time if it isn't.I was hoping to discuss the idea of making an additional principal only payment on my mortgage every month. I currently have a...
Jem J.
RE loss not beneficial
We own several rental properties with excellent ROI. These props are all under our personal name. Our combined taxable income was more than what the government considers as way above the threshold, therefore, we cann...
Eric Crump
Deal Machine App Beneficial
Hi everyone, as a wholesaler I've been driving for dollars and now have a list of abandoned/vacant house I want to mail the owner's about. I work out of state so I'm only home on the weekends, also I don't have a larg...
Salvatore Spano
BOI (Beneficial ownership information)
Are some LLCs exempt from submitting this info? In particular, sole proprietorships? Does anybody know? Thanks.