After researching different retirement accounts, I've decided that a self directed solo 401k plan is a good fit for me. I have self employment income and no w2 employees. When I search for how to start an account, I g...
Good morning BP!
We are getting closer to that point in time where purchase of a US residential property (4-unit) will become a reality. In preparation, I am looking for a thorough, but concise tutorial on ...
My question for all of you guys is that while some of you guys are investing in multi units that provide a rent income of 10-15% return. My question is why not invest all this money to Real estate investment trusts? M...
For the past 8 months, tax professionals have been studying Section 199A (the 20% pass-through business deduction) and trying to position their clients to best be able to maximize their deduction. However, we have be...
IRA/401k plans as they relate to self direction/self administered has been a hot topic lately and as such, I would like to attempt to get a consensus on experienced investors' perspectives to the following question:
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Since it's almost the end of the year, I wanted to focus our question on ideas and strategies that can help us make last minute changes to help lessen the tax burden, or to start the year with best practices.
Let's h...
Not sure if this is the right place to put this question. I have a college town rental property and added an egress window to a basement bedroom- the additional bedroom is worth about $650/month so it's a no brainer. ...
Here are a few list of ethics a good Hardmoney lender will follow and borrower to be cognizant about. 1. Do not Bait and Switch IE you see the 100% LTV 5% rates which we know don't exist. Don't advertise what you ar...
Hi BP,I am looking to create an accountability group/Partners so we can stay on track with our goals. I am looking to close my first deal (multi family buy and hold)- I don't want soon to be investors to be burnt out ...
Hi everyone. I am getting ready to close on property number 6. As an intro, my five other properties are all SFH. This one is a four family. Up to this point I have not had an LLC, I have just carried are large um...