7 February 2017 | 1 reply
I'm interested in investing in rentals and flipping houses but I first wanted to do my homework on the subject.
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8 February 2017 | 3 replies
See number 1 but keep in mind what will be passed to you is typically a NET profit or Loss item and a few other adjustments that are subject to the rest of your tax situation.3.
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8 February 2017 | 3 replies
Of course you are also subject to fair housing laws.
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13 February 2017 | 10 replies
Stocks are subject to risk.If there's any chance living with your brother might not work out, I'd consider keeping and renting the house.
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15 February 2017 | 56 replies
I think that is why so many of us have different opinions on this subject.
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6 February 2018 | 12 replies
However, you can use isolation pads under the feet of your bed, and theirs if you want to breach that subject...
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8 February 2017 | 0 replies
Would it be possible to enter into a purchase agreement with him, subject to him obtaining the ability to sell from the court?
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9 February 2017 | 5 replies
Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k Similarities Both were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions;Both are prohibited from investing in assets listed under I.R.C. 408(m); andNeither may be invested in your own business.
9 February 2017 | 5 replies
@Jared MackIf you have met a distribution event under the 401k regulations, you can take in-kind distributions (in this case the real estate) which would subject the distribution amount to federal and possibly state taxes but not the 10% early distribution if you are over age 59/12.
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15 February 2017 | 8 replies
My goal is to purchase 2 multi-units (I will house hack) and possibly a commercial property.Financing is subject matter that I definitely need more information on and hope to get ideas here.After doing some research, there is definitely a need in AL to have a BiggerPockets network group. :)