As investment vehicles the 401(k) and IRA are largely similar.  

They really are do it all vehicles now.

They fully understand the concept of an IRA owning the LLC and are also comfortable with some of the things many investors do such as invest across state lines, move money to cryptocurrency exchanges, etc.I often recommend working with someone other than your primary bank for these vehicles.  

As a general contractor, we also do soft story retrofits and that is precisely what I tell owners now, since you are obligated to do the retrofit, why not convert the space into another unit or two!

You can write off your miles of your truck ..which is great for guys like me ,whom own properties an hour away plus if you buy the right vehicle you can write off 100% year one  but of course you have that ole recapture when you sell.. so one needs to be mindful of that.  

ShinYou want to find out the insurance Company for the vehicle that caused the damage.  

But it's a much more powerful vehicle for both the sponsor and the investor when properly executed.

If you want to buy a home, the FHA expects you to use it as YOUR home.Additionally, "FHA will not insure a mortgage if it is determined that the transaction was designed to use FHA mortgage insurance as a vehicle for obtaining investment properties, even if the property to be insured will be the only one owned using FHA mortgage insurance."

Your vehicles must also be insured and include liability, before an insurance company will set up an umbrella policy for you.It's a good idea to require all tenants to establish and maintain a renter insurance policy.If your property manager is an employee of yours, make sure you have proper insurance in place to cover their actions and that they are bondable.If your property manager works for another company or is an independent contractor, make sure they maintain appropriate licensing and insurance of their own.

I have a situation and wanted to get feedback on how to bring up unpaid rent and other things when Tenants are going through a lot..To be precise, I have a tenant who is having a baby, their lease has expired and needs renewal.