Richard Ladenberg
What are my options in getting my 3rd property?
12 September 2017 | 4 replies
@Andrew Postell What is the typical criteria for them to include the rental income of the next property?
Dave Whittaker
Turnkey homes through investment companies
19 September 2017 | 16 replies
Also don't fall for the I do it in volume pitch... that is not real.. all contractors have contractor prices at the home depo myself included.. you get some discount but nothing over the top that allows a 25k rehab to be 15k etc.
Sam Miller
Starting from scratch with a Self Directed IRA or Solo 401(k)-
8 September 2017 | 8 replies
., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)
Michael Ndjondo makadi
Can trip expenses to go buy a first house be tax deductible?
9 September 2017 | 20 replies
It's not equivalent- It's also the tax code and numerous cases supporting it....you don't really get to just "think outside the box".
Joe Lewis
Has anyone partnered with others this way
9 September 2017 | 6 replies
Long term partnerships tend to get messy include the one next to you, but a good communication between partners always helps!
Isaac S.
Commercial Deal Analysis
27 September 2017 | 4 replies
About 90% occupied currently.Price: 550KMonthly/Annual: 8100/97kNet Operating Income: 49kLet me know if i am not including any information!
Michael M.
2nd FHA mortgage - 3.5%?
10 September 2017 | 8 replies
Can you include projected rental income from the new property for the FHA loan (it was included on my first FHA mortgage I believe)?
Dan Graves
LLC question regarding partnership
26 September 2017 | 17 replies
He already has an LLC and wants to add this property to it, but he wants to include me under contract stating the percentage of ownership, etc.
Jen R.
Show me your bathroom tile pictures!
12 September 2017 | 17 replies
I've included some pics of what we have done in the past.Please share some remodeled bathroom tile pics - I need inspiration!
Luke Carl
Two 1031 Exchange Questions....
11 September 2017 | 14 replies
You could put $25K down on 4 $100K properties.You cannot exchange into improvements on property you already own so in order to include significant improvements in your 1031 you would need to do what is called a reverse exchange.