Owkaye Go
Use of self-directed 401k after 59-1/2 to build primary residence
I'm 61 years old and I've had a Fidelity 401k for the past 7 years or so. I also have a Traditional IRA. I do not have anything "Roth".I'm self-employed on a part-time basis with no other income. I've been tax-deferr...
Shane Rasnak
IRAs vs. Real Estate?
I'm new to real estate investing and learning about all of the advantages of investing in real estate vs. paper assets – books like Rich Dad and many articles on BP have made that abundantly clear to me. I'm also gett...
Tim Hertz
Paying sister and friend to help on rehab
Hello all,I am doing a rehab and I have a sister and a friend I want to hire to help. They will make over $600, but this is more of an "under the table" cash deal. Can I claim $595 (avoiding 1099 minimum) and not clai...
Anthony Nieves
Tried looking up an owners contact info to make an offer no luck
I tried using the internet to find the owner of 2 off market multi family units I was interested in, but I'm not getting the info I need. Can anyone share how they go about doing this?
Jason Turo
If you could go back, what would you ask your CPA/attorney?
If you could go back to when you started planning your business, what questions would you ask your CPA and attorney when starting out a multi-member LLC for a buy/hold business?Here’s a few examples: Any advice on se...
Richard Boyle
Take advantage of paying a GC
I'm building an ADU on the back of my property and our first big draw is due this week: $58K. I've been bouncing around Chase's business credit cards and it looks like there's a 2.5% cash back card for large purchases...
Daniel Hicks
Does anyone use Stessa?
I currently use QuickBooks but I am interested in other options and came across Stessa. What can you tell me about it? Pros and Cons?
Dan N.
Question about CA Prop 19
Hello,
My wife and I have multiple properties in California (most of which are free and clear). We decided we'd like to transfer ownership to our children so we can help them avoid the new Proposition 19 law that req...
Roma Korenyuk
Does anyone know how 1099C works from a lenders point of view.
I'm trying to figure out the IRS 1099C from a lenders point of view. If and when it should be sent, or if it should be sent at all. How would the total be figured out. Difference between taking the property back as RE...
Account Closed
Canadian Citizen Looking to Invest in US Real Estate
As the title says, I'm a Canadian citizen who is interested in investing in real estate. I'm interested in rental properties and notes in particular because their liquidity is attractive to me. I've heard of people bu...