Joel Betances
First time landlording help
30 January 2025 | 3 replies
Why did you decide to self-manage this time instead of giving it to your property manager?
Ify (Bobby) Anizoba
Starting 2025 Strong
28 January 2025 | 3 replies
Real Estate, Wellness, and Community ImpactAs I move into 2025, I’m focused on deepening my faith and prioritizing wellness, mental health, self-control, and discipline.
Muhammad Kashif
Best way to optimize taxes for new construction of investment property (for flip)
20 January 2025 | 3 replies
A 1031 exchange doesn’t apply, but funding through a self-directed IRA can defer taxes, though profits from debt financing may trigger UBIT.To reduce taxes, consider forming an LLC for better expense deductions, offsetting gains with investment losses, or holding the property for 12+ months to qualify for lower long-term capital gains rates.This post does not create a CPA-Client relationship.
Bruce Rasquinha
SDIRA's as investing tools
23 January 2025 | 5 replies
Many opt for other investing methods in their SDIRA like private lending, crypto, private equity...anything except collectibles and life insurance.Note that a Solo 401k is exempt from UBIT on leveraged real estate so if you have self employment activity and no full time employees save for you and your spouse you should consider the Solo K as an option.
Matt Agnew
Using funds from an SDIRA for real estate purchases
20 January 2025 | 7 replies
If you had $50K in a Self direct IRA how would you leverage that to yield short and long term dividends?
Jerry Chilimidos
SDIRA lending and borrowing.
24 January 2025 | 16 replies
@Jerry Chilimidos, I see that you are self-employed.
Jonathan Small
DIY or hire help for taxes?
23 January 2025 | 7 replies
Managing self-employment income requires tracking eligible deductions like business expenses, home office use, and retirement contributions.
Dave Chengoue
New Investor in Real Estate seeking for advice and networking opportunities
26 January 2025 | 5 replies
Quote from @Dave Chengoue: Quote from @Wale Lawal: @Dave ChengoueIt's great to see your focus on multifamily properties and your clear plan for self-management.
Anna Nickens
Advice for a Newbie
23 January 2025 | 5 replies
Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.