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All Forum Posts by: Peter Tavolacci

Peter Tavolacci has started 5 posts and replied 5 times.

Post: Foreign investor question

Peter TavolacciPosted
  • Investor
  • Astoria, NY
  • Posts 5
  • Votes 0
Hello TeamWhat are the implications if I have a foreign investor that wants to buy property with me in the us, specifically in Texas. What should I look out for. This is a friend of mine and will also be relocating to the us on a work visa. I don't have a LLC. Thanks

Post: How to switch management companies

Peter TavolacciPosted
  • Investor
  • Astoria, NY
  • Posts 5
  • Votes 0

Hello Team - what is the best way to switch management companies? We currently have two management companies covering our rental properties and we are thinking of consolidating all into only one of them and halting business with the other, but are not sure the best way to do this. We believe it may open us to risk during the transition since the one company may be offended, there are things in their name that would have to switch, they have all of our information, there could be legal ramifications, and so on. Any advice is much appreciated. Happy Holidays!!

Post: How to switch management companies?

Peter TavolacciPosted
  • Investor
  • Astoria, NY
  • Posts 5
  • Votes 0
Hello Team - what is the best way to switch management companies? We currently have two management companies covering our rental properties and we are thinking of consolidating all into only one of them and halting business with the other but are not sure the best way to do this. We believe it may open us to risk during the transition since the one company may be offended, there are things in their name that would have to switch, and so on. Any advice is much appreciated. Happy holidays!!

Post: Rolling 401(k) into a Solo(k) to invest in investment properties?

Peter TavolacciPosted
  • Investor
  • Astoria, NY
  • Posts 5
  • Votes 0
Hello Team - Can I roll my existing 401(k) into a solo(k) without any tax penalties or other disadvantages and then use it to invest in real estate? If so, how do I do that? Essentially I would like to invest my 401(k) funds into multi-unit investment properties but am unsure of the best way to do that, so hope you can give me some advice. Happy investing!

Post: Solo(k) roll over from existing 401

Peter TavolacciPosted
  • Investor
  • Astoria, NY
  • Posts 5
  • Votes 0
Hello Team - Can I roll my existing 401(k) into a solo(k) without any tax penalties or other disadvantages and then use it to invest in real estate? If so, how do I do that? Essentially I would like to invest my 401(k) funds into multi-unit investment properties but am unsure of the best way to do that, so hope you can give me some advice. Happy investing!