Steven Parks
SD IRA legality issue
30 April 2019 | 12 replies
@Steven ParksNo you should not do that.The IRS rules prohibit any direct or indirect transactions or benefit between you and your plan.
Scott Marshall
Is this a viable Self-Directed IRA transaction?
25 April 2019 | 5 replies
The business would be disqualified to his IRA if his equity is >49% or if he has any kind of control over the company equivalent to a director position.Even if the business is not disqualified, there could be issues with the transaction if it creates any kind of direct or indirect benefit to the investor.
Blane Morgan
Checkbook IRA Owned by an LLC
7 July 2019 | 13 replies
Any direct or indirect benefit between a plan and a disqualified party can result in a prohibited transaction and void the IRA, and there are many ways the IRS could find some form of benefit in such a joint venture.
Angela Smith
Section 8 housing info for a new landlord
22 December 2018 | 5 replies
I have found that the 2 main reasons for delays has been the Caseworker not processing or the tenant not turning in all the needed documents to the caseworkers.For those interested I am working on a White Paper for the Section 8 Director to explain why more Landlords are not willing to be on the program and possible solutions to those objections.
Mary Jay
Dumb question:Who am I looking for? Accountant or legal services?
21 June 2020 | 14 replies
Are annual meetings being held by the Board of Directors?
Bob Huggins
Airbnb's How to get more bookings and monthly reports?
21 March 2019 | 22 replies
Hi BP, I'm Director of Operations for a STR Management company managing 90+ properties in the South.
Andy Lepisto
New investor in Kentucky
11 November 2018 | 4 replies
In addition to being the IT Director for our local county government, I am also well versed in geographic information systems (GIS) as a data analyst, and am a Certified Floodplain Manager.
Dean Letfus
Do people ever learn? (Memphis market observation).
24 September 2018 | 147 replies
He shot his boss, VP and HR director and gave in.
Ryan Goff
Transfer owned property into IRA
22 May 2019 | 6 replies
@Ryan GoffIRS rules prohibit any direct or indirect transactions between you and your IRA.
Albert Drake III
New to BP- Came from the Podcasts!!!
30 May 2019 | 2 replies
I'm talking: sponsorships, donations, community outreach, sitting on the board of directors for companies and organizations.