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1 September 2017 | 6 replies
Eg: For a SFR, expenses such as mortgage interest and property taxes are split based upon square footage of the leased space.Keep your documents in the cloud and make sure your CPA has a secure portal for document sharing purposes.
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2 September 2019 | 3 replies
@Loren Becker I know this is an older thread, but I was hoping you might share your experience pulling owner/builder permits.
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28 May 2019 | 14 replies
If you don't mind sharing the persons name, send me a PM.
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12 September 2017 | 4 replies
I'd like to share the success that my client had with his most recent flip.
30 August 2017 | 1 reply
Hey everyone, I'm new to BP but I wanted to share this video I made throughout the process of doing my first flip!
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1 September 2017 | 27 replies
If there is not a shared laundry facility that is easy for the tenants to access, then I would suggest adding them to the unit.
31 August 2017 | 3 replies
Hi, Account Closed, I've shared my thoughts on this before.
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11 January 2019 | 46 replies
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; andBoth are prohibited from investing in assets listed under I.R.C. 408(m).The Self-Directed IRA and Solo 401k DifferencesIn order to open a solo 401k, self-employment, whether on a part-time or full-time basis, is required;To open a self-directed IRA, self-employment income is not required;In order to gain IRA checkbook control over the self-directed IRA funds, a limited liability company (checkbook IRA) must be used.
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15 September 2017 | 2 replies
I completed a rehab budget using cost data from a variety of sources, including information shared by Clay Smith who is a local investor.
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31 August 2017 | 6 replies
The complex and area wasn't the best, but I would be 7 miles from Manhattan Beach and share the same weather with those $3 million houses.