Demitri Blanco
New investor wanting to buy my 1st LTR within 1-2 hour drive from Atlanta
17 May 2024 | 6 replies
I'm super interested in buying my first long-term rental near the Atlanta area with my brother.
Juan Lizarazo
Book keeping software advice!
18 May 2024 | 11 replies
Quicken (quickbooks little brother) is overkill for 25 properties and it costs $50.
David Chwaszczewski
Setting up a eQRP vs. SDIRA
21 May 2024 | 138 replies
., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)
Martin Jones
Investing in Multifamily in Today's Market
17 May 2024 | 7 replies
Although we may see more inventory hit the market as people can escape "rate lock".I invest in today's market by searching hundreds of properties on the MLS, then going to see the top 10-20, then making an offer on the best at a price where I can cashflow after all expenses and putting 25% down.
Susan M.
Eviction "dismissed without prejudice"
17 May 2024 | 25 replies
L&I deemed the place unfit to live because of the damages, we escaped the inferno without any bodily harm and went to stay with my daughter until we found suitable housing.
Arthur Vivero
virtual wholesaling , Building Buyers list for Fix and Flip Investors.
17 May 2024 | 5 replies
Appreciate it Brother, just sent you a Message!
Joseph Skoler
Transfer real property from s-corp
20 May 2024 | 28 replies
If the property is not depreciable (IE the allocation of the purchase price to land), then it can escape ordinary treatment, but it also isn't depreciable.https://www.thetaxadviser.com/issues/2011/apr/casestudy-apr2...If you find a cost seg provider that legitimately carves out 60% of the purchase price of a building to short life property, let me know who it is My experience is more like 20-30% on average of the building basis from an architect based study unless it is something like a Hotel/Motel or Mobile Home / RV Park.
Andre M.
How much do you expect out of your snowbirds on the Gulf Coast?
16 May 2024 | 11 replies
Lol thanks brother for your input
Anthony Beeler
Too late to start an LLC?
16 May 2024 | 7 replies
I already purchased a home to flip with my brother.