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17 January 2019 | 4 replies
To find a seller who would be ok with this is almost impossible, since they would not have the physical asset as collateral.
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12 January 2023 | 1 reply
This is not financial advice but I'm short stocks and long commodities, income producing real estate, physical commodities and rare natural colored diamonds :) On the leverage side rates have mellowed and I have several transactions pending and closed with incredibly reasonable and even favorable mortgages secured. - Six plex with a local credit union with with 30% down in the 6%'s fixed. - Turnkey triplex with 10% down, 3% financed closing costs and no PMI in the 7%'s - 9 Plex with 15% down no PMI in the 6%'s on an investor friendly ARM.
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5 July 2018 | 5 replies
Everything related to capital gains, such as depreciation, cost segregation and 1031 exchanges - none of that applies to you.The most important "strategy" to minimize taxes in flipping is to diligently record everything you spend, and also assign each expense to a specific property or to general business overhead.Depending on your numbers, you may also want to do some proactive tax planning.This is why, just as Alan suggested, the most important thing is expertise, not physical location.
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13 August 2020 | 3 replies
How do you organize all your files and paperwork physically and online?
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26 November 2019 | 64 replies
It's not the same as an equine property because equiestrians have horses and horses require physical infrastructure built in to the property.
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20 November 2022 | 5 replies
If it is during the week, I listen to an audiobook on the way into work, and if it is on the weekend, I’ll either physically read or listen to an audiobook the first time I get in the car to go anywhere.
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13 April 2018 | 14 replies
-If you are referring to a Solo 401k: compared to an IRA, Solo 401k contributions limits are roughly ten times higher and there is no custodial requirement for the 401k.
19 July 2018 | 1 reply
I live in Henderson Nv and have an IRA I inherited from my deceased mother, and would like to form a checkbook control self directed IRA/LLC for the purposes of purchasing an absentee owned business and have chosen Preferred Trust Company in Nevada for my custodial account.
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21 October 2022 | 5 replies
Medtail can be a dentist, ortho, urgent care, vision, physical therapy, veterinary etc.
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24 April 2019 | 44 replies
This conveniently prevents fraud, as there is no financial or physical gain for dishonesty.