
10 November 2024 | 12 replies
I have forms, but don't use them anymore.

14 November 2024 | 10 replies
Some cities are now giving you money in the form of a loan to help build ADU's, which is great.

12 November 2024 | 7 replies
If the STR is placed into service at the end of the year, they can use the paper-loss from the STR to 'potentially' offset other forms of income such as wages, interest, dividends, etc.Best of luck

11 November 2024 | 29 replies
Not fun or enjoyable in any form or fashion.

11 November 2024 | 2 replies
I'd form an LLC or Corp to hold the title.

10 November 2024 | 8 replies
Asking in the correct forum will get a better response.Need a spreadsheet or form?

13 November 2024 | 22 replies
If you have pre-tax and post tax Roth funds in the existing 401k, you will initiate a rollover into a newly formed Solo 401(k), with some funds dropping into the pre-tax bucket and Roth funds dropping into Roth bucket. 3) 3 benefits that I find many real estate investors are attracted to with the Solo 401(k): 1) Higher Contribution Limits (providing you have enough earned income) 2) Ability to contribute to Roth, without MAGI limits where you have to do a backdoor contribution, like you do a Roth IRA. 3) Exemption from UBIT/UDFI on debt financed real estate deals, this could be directly, or through a syndication type deal. 4) Now, we can proceed with, what about the caveats and qualifications to open and maintain a Solo 401(k): 1) You need to have earned income from the business/sole prop. that is sponsoring the Solo 401(k).

12 November 2024 | 18 replies
You can fairly collect some form of compensation for being the managing member.

11 November 2024 | 8 replies
Only thing that popped up for me and it might not ever again is that when Trump shut down the government a while ago it included HUD and I was getting nervous that payments would be delayed.

14 November 2024 | 21 replies
My train of thought too just a new situation for me.