Michael Raymer
401k rollover to a self directed 401k or self directed IRA
just a quick couple of questions about this topic.. 1 - how much do i need in my 401K to qualify for a self directed IRA.. i have around $23,000 in my 401K2 - do i need to quit my current job to get the ball rolling o...
Avi Srimani
Advise requested
Hi,
I am looking at a four plex. I asked for Schedule E. I got for three years.
Last year shows as follows:
Rental Income : 20,000
Rental Expense 20,600
Depreciation 6000
Rental Loss 6000
Last three year the fi...
Jason Ines
Can you use a solo 401k to fund turn key properties?
Wanted to see if this strategy is obtainable. I want to roll over my 401k and traditional IRA into a solo 401k directed to real estate to buy turn key properties with positive cash flow. Am I able to use the appreciat...
Jagger Babwin
HALP PLEASE - Canadian Forming LLC to Wholesale In the US
First time poster here. Am a Canadian looking to get into virtual wholesaling in the US. Was advised to form an LLC - now I'm not overly sure as to which state I should go about doing that in.
If anyone could...
Wes D.
Is it Reasonable to Ask Tenant to Self-Install Cable Equipment?
Happy Friday! I'm buying an MTR condo (our second investment!) with a current tenant and need some advice. The cable company needs us to switch out the modem/router equipment. Is it reasonable to ask the tenant to com...
Alex S.
Self Directed IRa and Keeping safe.
How do you keep your name off the paperwork when you create financing to the new homeowner in self directed Ira. In the event the ira would have to foreclose I do not want my name visible. Perhaps just account number...
Ryan Pal
buying cryptocurrencies with your IRA
is/has anyone buying cryptocurrencies with their IRA account? i've read that the most IRA custodians will require you to setup an LLC within your IRA to purchase cryptocurrencies like bitcoin. my ira is setup with a...
Chris Battle
Bank Accounts
Hi allI currently have a US bank account, but the branch is being sold to another bank, who seem willing to take over my account. However, the existing bank will not let me transfer the account to another branch withi...
Abad Marroquin
Accountant in Dalton, GA
HI everyone. I am a real estate investor in Chatsworth, GA. I am looking for an accountant that understands and can apply all the tax benefits real estate offers. I prefer one that is a real investor him or herself. L...
Account Closed
Tax Advise for a Newbie
Looking for overall tax advice recommendations for someone in or near the St. Peters, MO area. I've been blessed to purchased a few properties this year plus make a some side hustle cash by doing some real estate con...