If so, I assume all cash flow (in & out...that is, income and expenses) must come into and be paid out of the IRA account, yes?
Advantages/disadvantages?

I was wondering if there are any tax deferments for selling of a 2nd home and using proceeds to lend to someone for an investment property. Do the standard tax deductions apply when selling a 2nd home? Can you roll th...

What is the biggest thing so far you have had to overcome?  Did you have doubters that hounded you about the mistakes you were making? Did you have any health or family issues that you had to overcome? Originally I wa...

We just recently purchased a rental property in Utah from out of state.  Prior to renting out the home we will have to fly out there to prep the home for rent.  Just wondering if we can count expenses incurred for fly...

Hello,I try not to mooch info, but I can't get time with a CPA fast enough to ask.  I tried.No legal/professional advice assumed, if you reply.  Sold a house in June.  Meant to be a buy and hold, but sold due to a mov...

I'm a little confused on how to calculate the DTI ratio. If a rental property is in your name, and let's assume that 75% of the rents offsets the PITI but you have no cashflow. Let's say you want to go out and get ano...

TLDR: Lesson Learned: If you are buying a property to house hack and the unit you intend to move into is occupied with tenants and collecting rent after closing, then for tax purposes, it will be considered a short te...

all,

i am in virginia and ready to get my first wholesale in the books, what are the tax ramifications for wholesaling? I cant seem to find this info anywhere????

I started another LLC in 2017 with a focus on wholesaling and flipping homes. We held nothing in this company and sold everything no longer than 5 months. Our CPA is saying we will be classified as a dealer/trader a...

Hello All, 
I am an inspiring investor and I think I've found a deal but I'm not really sure. I had a deal to buy a 2 family house sight unseen for 120k and 130k after closing costs in a nicer part of pittsfield mass...