(Keep in mind controlled group rules, meaning if you own a business with W-2 employees, you often can't just setup a side business and open a Solo without giving benefit to your W-2 employees with your main business - another area not often discussed in this industry until it is too late). 5) Lot's of pros with Solo 401(k)'s as you can tell from above with the UDFI exemption on debt financed real estate and ability to make larger contributions.

A larger group of people leave things so neet, you can hardly tell they were there.

You have a great rate and a house that's getting too small, but upgrading to a larger home with a larger rate is not doable.

This method allows you to take some of the profit tax free and indefinitely defer the rest of tax, using it to purchase larger, nicer property/properties in areas with better cash flow potential.

I would just have her intern for you - let her start taking over some tasks and loop her into decision making.

Doubt the LLC owner has performed all the necessary tasks to avoid the "piercing of the corporate veil" by an attorney that knows what they are doing.DM us if you'd like to discuss more and get an intro to such an attorney...

I found this deal through my local real estate network, which alerted me to its potential as part of a larger development opportunity.

Wholesaling really isn’t much of a problem with the larger, experienced and ethically run wholesalers.  

here is the situation. i left a really good paying job to take care of my 81 year old parents because my dad is chronically ill and my mom is almost there. i wont go into too much detail, but my sis doesnt help them. ill leave it at that. we have a person who comes twice a week to help with cleaning and other household tasks. i carry the bulk of the weight cooking their meals, running errands, grocery shopping, picking up meds, and taking them to dr appointments. its a full time job. i get a small salary of $1000 a month from a care giver sub contractor for the VA. ive been paying my bills with what savings ive had, but only have a few months of funds left. i own a duplex. i have over 200k in equity. i live in texas and texas has weird laws about refi and heloc/heloans when the property is 4 units or less and owner occupied. i would rather not sell, but if thats my only option i will have to at some point.does anyone have any advice or possibly be able to point me to lenders who might be able to work with my situation?

So, that money is not free either and the interest rate is MUCH larger if you don't pay it back in 12 months.