9 October 2015 | 5 replies
People were transferring IRA funds into their LLC's bank account, which the IRA owner has control of, and then using those funds for personal benefit: to funnel money to their own company, to pay personal expenses and so forth.

12 October 2015 | 11 replies
You will gain a TON of knowledge and who knows - maybe you'll even find a partner or two.Knowing that there is a resource available to me that offers advice on pretty much any REI question has been a huge benefit to me and my business.Investing in multifamily properties by using as little of my own money as possible is my game.
9 October 2015 | 4 replies
You still need to behave with care.The structure does help you appear more professional and comes with some significant tax benefits - so it is worth while.Once your personal name is in public records as owner of a property, it will always be public.

10 October 2015 | 2 replies
Suhpggest you stick with simple until you know how to sell benefits and keep yourself out of trouble.

11 October 2015 | 2 replies
My income is limited annually because of disability benefits given for medical issues, but the max allowed to make is 13,000 yearly.

16 October 2015 | 7 replies
You will gain a TON of knowledge and who knows - maybe you'll even find a partner or two.Knowing that there is a resource available to me that offers advice on pretty much any REI question has been a huge benefit to me and my business.Investing in multifamily properties by using as little of my own money as possible is my game.
13 October 2015 | 21 replies
I really think you could benefit by taking the same approach as me.

10 October 2015 | 7 replies
There are limits to how much you can invest in your SDIRA per year, but if you are making money in your REI and have a business structure setup you can sponsor your own company SDIRA plan and contribute some of your own income from your company into the new plan and even provide a company match (benefits of business ownership!).

10 October 2015 | 0 replies
Questions are:Are there benefits from a loan down payment standpoint?

11 October 2015 | 8 replies
So many other forums I've read (professional or hobby interest) are full of flame wars-- like there's an army of trolls waiting to devour the most recent half-baked idea.But on BP even when people post "I'm 21, no job, skills or money, and I want to be an overnight millionaire" the community gives them the benefit of the doubt, and encourages them to get then training & networking to accomplish that.