- when you’re setting up so you can escape w/o consequence or cost- it seems kind of sleazy.

I haven't gotten a contractor inside yet until then I thought do square footage for now and make the adjustments as I move along.

Hello,Quick question about how the IRS looks at 2 types of income in your company.I have one BRRRR property and now doing a flip on another property.Does the IRS look at the 2 sets of income completely separately?

I'm really new at this :) just making sure to set the expectations, but I'm learning and willing to help out in any way I can.I'll keep you all informed of what I do and how things go.

You could look for a friend or family member to put up some cash and make them a partner or offer them a fixed % return on their money for set period of time. 

@Greg WrightHaving a property owned partially by your IRA and partially by a LLC you own personally is a whole set of problems on its own and not something generally recommended.Even if that were the case, no, you could not do what you propose.There may be no direct or indirect benefit between an IRA and a disqualified party, in either direction. 

I am currently living in Germany and pursuing my master´s degree in engineering.A couple of months ago I have decided to get into real estates and have been educating myself in this area.I have set a timeline for starting my first project, by the summer of 2019, in which I want to execute in the city of Würzburg in Germany.However I am lacking the connections and mentoring needed in this area and was wondering if anyone could give me an advice.Thank you!!

Private message me and we can set up a time to chat!

We set up everything on auto-pay.

talk to your team members CPA and asset protection attorney to get set up correctly