Zehua Zhou
How to handle the tax forms from the property manager and the bank?
16 August 2024 | 23 replies
If you don't have enough income to satisfy the RMD, you may have to liquidate the assets or distribute them to yourself as "in-kind distribution".
Schaan Donaldson
SDIRA rollover pay renovation
15 August 2024 | 2 replies
@Schaan Donaldson this would be a prohibited transaction and could cause the entire IRS to become a distribution triggering penalties and taxes.
Daniel M.
Help Setting Up QuickBooks for Real Estate
15 August 2024 | 13 replies
To give you a bit of background, I know very little about bookkeeping beyond managing my budget for the last three decades (ugh), so this is all pretty new to me.Here’s my current setup:I’ve had a property management company using AppFolio to handle the heavy lifting – rent collection, owner distributions, expenses, and the whole shebang.
Kevin L.
Should I buy in Los Angeles before it is too late?
17 August 2024 | 25 replies
This would offset some of your payment and when you move out you'll have risk distribution from multiple tenants.
John Boudreau
Umbrella and General Liability Insurance
15 August 2024 | 5 replies
Do you have a note, you can discontinue distributions as an example?
James Mays
LLCs - Holding Companies - Scaling
15 August 2024 | 6 replies
Placing your real estate in LLC's is truthfully a greater business planning tool than the benefits derived for asset protection.
Guillermo Sanchez
Brandon Turner ODC fund
13 August 2024 | 69 replies
I'm worried, I was told to wait 6 months for distributions and we are now heading into May and $0 has been distributed.
Forest Wu
List of Syndicators/GPs to AVOID?
14 August 2024 | 134 replies
They would label them as bad if they paused distributions or issued a capital call.
Selina Giarla
What are your most helpful tax strategies? Can I create a business to self manage?
13 August 2024 | 11 replies
or, can I just pay the company and keep the income in the company and then pay the shareholders (me), dividends, or the owners (me) distributions?
Anna Brown
LA Property with lots of Equity
15 August 2024 | 57 replies
My umbrella policy is far greater than what most people need and far more costly but it is distributed across all my units and includes a fleet of vehicles and other toys.