Jodie Harding
purchasing tax lien sale properties in NYS
I am interested in purchasing a property that will be coming up for sale in a tax lien auction. I have never purchased a property like this and I'm concerned about what other costs that are attached to the purchase...
Rad Kunnath
Investing with After-tax or Pre-Tax Dollars ?
Dear All,Of late, I was thinking should I convert my Solo 401K trust(Pre-tax) to Roth IRA (Post-tax : 25%) and then use that money to invest in real estate. I did some basic calculations and found that I tend to gain ...
Russell Brazil
Car Lease Questions For Real Estate Business
I have two main questions. On a car lease is there a standard or accepted amount of the lease that can be applied to the business. Would 100% raise a red flag, 90/10, 80/20? (Should I track mileage to make the proper ...
Curtis Crawley
Buying house with FHA loan and putting it under a business
Hello everybody BP,
Starting out soon on my investment in real estate in center to upper New Jersey. Weird question and there may already be a post for this but was wondering can I start a business and get an fha loan...
Stefon Pegram
What are the qualities to look out for when investing in an area?
what are some of the details that you may personally look for that attract you to a property?
Mark Sewell
Transfer of property from LLC to SD IRA
So finally, after much needless delay and procrastination, I have submitted the docs required to move some leftover shrapnel from other funds to a SD IRA here in Houston. Won't be a ton of cash, but might be enough t...
Michael Eaton-Byrd
How to Tax my Wholesale LLC?
I am closing a wholesale in Pennsylvania (PA LLC), I have W2 income from Maryland, and I plan on moving to Missouri before I file taxes (FHA 4-plex). I am looking for the best way to file taxes for my LLC, should I fi...
Andrew Ratchford
Self Directed IRA Prohibited Transaction
There is a private lending fund established to provide hard money loans to rehab single family homes. Investment in the fund is not tied to a specific property. The Note and Mortgages are directly through fund. I a...
David Pimenov
Offshore trust anonymity
Under what circumstances can a u.s. citizen have an offshore trust where the govt cant tax money on the funds inside the trust and at the same time cant look into the origin of such funds as long as a foreign citizen ...
Scott McDonald
Best legal help CPA, Tax Attorney?
I recently retired from a large municipality but continue to do contract work. I have a pension, a 401a (pre tax), a 457b (pre tax), a SEP, and cash savings. My wife has an IRA. Additionally, we are selling our pri...