Hello everyone, My name is Andrew Stephens I am 19 and by the time I turn 20 next year I am hopeful I will have my first house-hack property. I am running into the issue of price. Tacoma seems to be a bit too pricy fo...
I know part of maintaining a corporate veil (LLC is my case) is to make sure you don't use business funds for personal use, but is it ok the other way around? i.e. using personal credit cards/bank accounts to fund bus...
I'm very excited and ready to make my first purchase. But first....
I have $35k at my personal disposal. I also have two good friends to partner up with. I am wondering how having partners works in this venture. ...
As I'm getting the foundation of by business started, I'm trying to take into consideration the tax implications as well as the legal implications of the money I spend. Since I don't know the answer to this questi...
Hi All,I am forming a partnership with an 1 other investor to acquire a property. I'm having trouble determining the best structure for the partnership and if I should be forming a LLC, a Joint Venture or both. Is the...
I wish to start an IRA LLC with two bank accounts. One with pre-tax funds from a 401k roll-over and the other with post-tax funds from a ROTH IRA. Does the IRS require two separate LLC's to manage the pre and post t...
My wife & I currently have an owner K thru Edward Jones, It has awesome potential for investment & Tax shelter, Together we are able to deposit $102,000 p/year in an IRA or $35,000 in a Roth & $67,000 i...
I have a quick question regarding my self directed IRA. I own a number of properties through my self directed IRA and have recently sold a couple of the properties and provided the financing on the sale of the proper...
I've read repeatedly that it takes a lot of searching to find a great deal, or even a workable deal. If that's the case, who is buying all these other properties?I know there are plenty of bad/failing landlords, but b...
I am contemplating an investment with a local developer. I would be able to contribute as much as I wish and am "guaranteed" up to a 40 percent annualized return, or the option to profit share. The current project is ...