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Results (10,000+)
Mike MacNeil Website Creation
13 January 2015 | 13 replies
Abdul Rasheed I created a business page with my logo and business name - have a look -
Adrian Chapman Brand new. Should I start an LLC for rentals and flips? Is having a partner beneficial?
14 December 2012 | 8 replies
I've also heard that it's easy for a good lawyer to penetrate the "corporate veil" of an LLC, but am interested in hearing the experiences of people here with regard to this.
Jon Klaus Managing properties held by your self-directed IRA
22 March 2017 | 27 replies
Wikipida lists the following as examples of self dealing:Examples of self-dealing include:Having your IRA purchase real estate that you own or use.Issuing a mortgage on a relative’s new residence purchased by a family member who is a disqualified person as listed above.Granting a child a second mortgage for the down payment on his or her first home.Buying stock from the account owner involving IRA funds and a disqualified person.Purchasing stock in a closely held corporation in which the account owner has a controlling equity position.Purchasing restricted stock from a family member who is a disqualified person listed above.Equity list the following:Some examples of “Self Dealing”Having your IRA purchase real estate that you own presently.Having your IRA purchase real estate that is owned by a family member of lineal descent, such as your father.Issuing a mortgage on a relative’s new residence purchased by a family member who is a disqualified person as listed above.Granting a child a second mortgage for the down payment on his or her first home.Buying stock from the IRA owner (any transaction involving IRA funds and a “disqualified person” is prohibited).Purchasing stock in a closely held corporation in which the IRA owner has a controlling equity position or, if such corporation is the IRA owner’s employer, in which the IRA owner is an officer if the IRA is established pursuant to the employer’s SEP or SIMPLE programPurchasing restricted stock from a family member who is a disqualified person listed above.Neither list my purchasing an asset from the SDIRA that will not be used for personal use and my research did not find any source that did.
Carl Schmitt Never be the smartest person in the room
16 April 2013 | 24 replies
The caveat is to make sure you know how to find good people to do the other parts.Very few people are good at everything needed for big projects and investments.My favorite example is where would Ford Corporation be if Henry Ford felt he had to do everything himself in his car company?
Joshua Dorkin BP Update 7.3: Launch of the BiggerPockets Forums Keyword Alert System
28 December 2012 | 17 replies
If you have your company's link in your signature (even better if you have your company logo -- that comes with a PRO account)Just in case you missed it, do take a few minutes to watch the tutorial and see how this new system will change the way you connect here on BiggerPockets:The BiggerPockets Keyword Alert System (+Video Tutorial)We look forward to your feedback, and to seeing you benefit from this great new feature.
Afsheen Akbar Is refi a better option or Short sale?
21 December 2012 | 2 replies
If you have refinanced under an earlier version of HARP, then you do not qualify.How to check if Fannie Mae has your loan: http://www.fanniemae.com/loanlookup/How to check if Freddie Mac has your loan: https://ww3.freddiemac.com/corporate/
Steve Myer Old Mortgages
30 December 2012 | 6 replies
These were both big corporations, and I'm sure that if you look up the states they were incorporated in, and do some Google searching for where those companies went, you'll find out who bought the company that bought the company that bought them, and whoever the ultimate successor in interest is can give you info.
Bill Gulley Sandy Hook
5 February 2013 | 173 replies
The only weapons that are not in civilian/corporate hands are the really espensive stuff, like battleships, missels and fighter planes I guess.
Chris Drury Tax advantages for rental
27 December 2012 | 11 replies
An LLC is (generally) a pass through entity for taxes, earnings from an LLC you own (fully or partially) flow directly through to your personal return.If you set up a C-corp, or elect to have the LLC taxed as a C-corp, there are certain fringe benefits that become deductible.But if the $175K AGI is from a W2 job, no dice.
Chris Martin corporate veil pierced in a flipping case
24 December 2012 | 6 replies
Didn't read the link, based on Brayn's response and knowing that Florida is known as the mortgage fraud capital of the country, acting fraudulently can not be protected under any corporate structure.