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13 December 2024 | 16 replies
that didn't make sense to me that if i have my ira with you then you will put who the owner is but if i don't have it with you you wont' put anything.anyways, she def didnt' give me indication that she exactly knew. maybe i had a bad agent and since i was already skeptical of using a small bank, that def turned me off.at chase my account shows that it's a business account under an llc. i am the manger of llc, the only thing that worried me is that they put me as a the owner of llc. this seemed no diff to me that when you go get an ein, it also puts you the owner of llc. if irs itself can have this limitation in getting the ein, then surely they would understand the limitation of the bank. besides, i have a fully complying operating agreement in which i have a clause that explains while irs ein letter shows me as the owner, in reality it is my ira that is owner and that that there are limitations on irs website when obtaining an ein. i will jsut be adding a similar explanation in my operating agreement about bank acct and have all the supporting documentation in case if it's ever needed. but that's where i am at.i wish this process was simpler/ easier. it is also very frustrating that the custodian doesnt' telll you anything. they all market you can have a checkbook ira but don't really guide you in HOW to do it practically. all these rich ppl are doing it and i doubt they are going through all these hoops. ...
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5 December 2024 | 19 replies
BP Community, I’m reaching out because my 13-year-old son has developed a huge interest in real estate, and I’m not sure how to guide him.
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4 December 2024 | 0 replies
Well, those are my thoughts, and above all, I trust God to guide as I continue in this lifelong journey
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3 December 2024 | 4 replies
Start with BiggerPockets Ultimate Beginners Guide (free).
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3 December 2024 | 0 replies
These properties offer incredible potential, but I’d love to learn from other investor experiences to better guide my clients and partners.
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15 December 2024 | 30 replies
If you're gonna look at Cleveland, I'd say you wanna read The Ultimate Guide to Grading Cleveland Neighborhoods before making any buys.
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5 December 2024 | 10 replies
They'll be your guide through the process and you'll have no issues.And since we're talking international here's a big shout out to @CoffeeSlutGuam - the most uniquely named coffee bar on the Island of Guam.
2 December 2024 | 6 replies
I'm hoping to see if this is a good deal and if someone can help guide me.My friend already has a property that's cash flowing in Kansas City, MO.
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13 December 2024 | 35 replies
Try using the BiggerPockets "Market finder" and see where that brings you and then just talk with agents in the market you pick and narrow down these options by relying on market local contacts to guide you.
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4 December 2024 | 6 replies
For holding vs. flipping, let your goals and market conditions guide you—flipping can build quick capital, but holding offers long-term gains.