Chapter 11, "Hone Your Skills" section has this practice question: "What is the IRR of an investment that costs $75,000 up front, earns you $22,000 per year for four years, and then generates $115,000 at sale?"

I have found that when doing fix/flip, I like to use a lender who will do interest only for the period of the flip (usually 13 months or less) which is less interest that a HELOC.

I have recently noticed a few articles posted on mainstream sites such as marketwatch about back door Roth IRA.

I'm super stoked that you posted on this because I am actively looking haha.Thanks!

I dnt want this to happen to other landlords. 

I have heard Boise was cracking down on permitting, so make sure you can meet all licensing requirements and that you are in an area zoned for this type of use. 

Is this a common thing most DSCR lenders can do? 

This is a great example of how tax planning is as much or more important than tax preparation. 

You really do not want to add to an IRA that has a SEPP in place.An IRA holding real estate is treated no differently than an IRA holding other investments when it comes to this program - other than you needing to manage your liquidity requirements a bit differently to meet the distribution schedule.

Hi everyone, I recently purchased a house and have no idea how I renovate this bathroom.