5 September 2019 | 57 replies
Currently trying to shift through their old management statements.... columns blanked out and cash distributions don't match...accounting nightmare.
15 May 2018 | 6 replies
However, I would like to be able to collect money and distribute it to investors in my area; while standing in the middle and taking a mgmt fee.
19 May 2018 | 3 replies
The flip side is that IRA partners will not be bothered by positive income in other years or by capital gains at sale, while non-IRA partners will.Can you change distribution of gains/losses between partners other than strictly by % of their investment?
5 June 2018 | 6 replies
I do almost no work in collecting the rent from my management company, I would think $800 a month would pay me $75 per hour for my "management work".From what I understand, long term capital gains give you a 0% tax bracket up until $38,000 income, so I would essentially be recieving $32,000 of tax free income if I paid my self a $6000-6500 salary and received the rest as capital gain distributions?
6 June 2018 | 2 replies
Yes, you can rollover former employer 401k into self-directed IRA.Now, if you already took the proceeds from those 401Ks as distribution and it was prior to 2018 - bad news for you, you can't deposit those funds into an IRA.
11 June 2018 | 6 replies
I'm trying to find a target client after opening a home integration and audio video company.I've been looking at a couple of flips in the area and noticed that no one is really wiring for security cameras, access control, theater rooms, home security, audio/video distribution, shades,lighting, home automation and integration.I would imagine adding these features to a home would increase sale value am I wrong?
14 July 2018 | 15 replies
Since I cannot find a clear answer to this - am I correct that IRA distributions count as ordinary (taxable) income and therefore we can use up to 25K per year of the passive carry over loss to reduce the tax liability incurred from the IRA distributions by that 25K amount?
28 April 2020 | 19 replies
@Nick B.My feeling is the irs will be lenient on distributions.
19 June 2020 | 2 replies
We should connect, would love to get on your distribution list for investment properties you come across.
9 August 2020 | 13 replies
"Missouri is an equitable distribution state, and only property acquired during the course of the marriage is subject to division following divorce."