You will really need to look hard in order to find deals that make sense and you really need to take you cost of capital into account when doing your analysis.

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

So, if she bought the bitcoin for $1 million and is now using it to close on a $10 million property, that is a $9 million gain that needs to be accounted for in her income tax.

U may want to talk to your account rep and get a clarification of this. whole notes it appears they do assign 100% interest to the investor .. and in my mind that is the safest way to do these. 

Budget Wisely:Make sure your budget accounts for the purchase price, the cost of the renovations, and any additional charges involved in flipping a house.

Vet your contractors and hold them accountable.

There are dozens of check boxes, some of them matter, and Balance Sheet and capital accounts are now required.

Those are the only properties I need to give a specific accounting for as far as my debt goes.

Cash from self directed IRA accounts How did you add value to the deal?

Originally posted by Account Closed:Wow.