
1 November 2020 | 6 replies
If more than one conversion or plan rollover (not including designated Roth 401k account rollovers) was made to an individual’s Roth IRAs, the conversion/rollover assets are distributed by year, generally following the concept of “first-in, first-out.”The Roth IRA distribution rules can be complex if you have transferred Roth 401(k) funds into the Roth IRA.

23 March 2018 | 1 reply
Setup a website Wordpress.com is free to advertise your rentals- generates interest.17.
26 March 2018 | 5 replies
You can not reduce any other income tax you owe.Oh, so it can't reduce your current tax bill, but it can be used to offset profits you may have generated.

6 April 2018 | 3 replies
Basically you "lease" the whole building and you are allowed to "sublet" the Apartment homes to individual tenants.

26 March 2018 | 8 replies
Individual situations can be vastly different which is why CPA's like Brandon when they give general advice, also suggest taking that and sitting with your personal CPA to see if it'd work for you in your situation.

4 April 2018 | 8 replies
For example (try not to repeat the items listed below):- Laundry room or add washer/dryer in each unit- New roof- Individually meter each unit electric/water- Add small park- Update curb appeal to include paint.- Add small workout gym to leasing office- Update pool area with pavers and outdoor furniture-- List yours below --

25 March 2018 | 2 replies
@Michael A Pierson I think you might be confusing Dodd Frank restrictions regarding the number of Seller Finance deals an individual can do (someone without a mortgage broker license) with property management.

15 May 2018 | 5 replies
If interest rates turn against the individual investor and the individual goes bankrupt then the bank now has to finance the loss from the swap.

26 March 2018 | 23 replies
Lastly, since everybody has different investing goals I'll leave you with this: Even if my return is zero or even somewhat negative during the repayment period, in 15 years (actually quite less on many of my properties now) once the properties are paid for and still generating a ton of cash is when I will enjoy the returns...I can see it now, I am 60 years old traveling the world with my wife and not a financial care in the world, and when I am 80, my kids saying "Dad, your so cool, we're really glad you bought those houses"Cheers, Lawrence
28 March 2018 | 6 replies
what I’m told is that I( my company/s-Corp) can sell the house to me personally This doesn’t sound accurate as every house I’ve sold is sold from my company to the buy an individual.