Jim Ballatin
How do I use my Roth account to invest in real estate?
Do I need an attorney to make the withdrawal from a Roth account through Fidelity?
Mark S.
Cardone Equity Fund VI, LLC
There are multiple threads on the forums about Cardone Capital and it seems things have changed over time (i.e., investment minimums, preferred returns, etc.), so I thought it might be helpful to evaluate the newest/c...
Daria B.
Roth Contribution - 5yr rule
I found several descriptions regarding this rule - below is one description.What is the Five Year Rule?An investor can withdraw his or her contributions to a Roth IRA at any time without tax or penalty. But, that is n...
Justice Cannie
Short term goal
My current situation is homeowner and I manage one rental. I want to buy another house. Most likely I will rent the house I'm currently in. The price of the house I'm looking at is about 200k. I've saved several thous...
Pedro Morais
Distributions from one LLC to another
Hi BP,Can you make distributions from one LLC bank account to another LLC? In other words, if I have a surplus of money in one LLC account and the other LLC has need of capital for construction, can I transfer from on...
Todd Plummer
Selling a property from my llc to myself as my primary residence.
here is the situation... i bought a single family house to flip, but decided to move there as my primary residence. I need to get a permant mortgage on the property now in my personal name. The current financing is a...
Christopher Williams
Tax classification
Hi all. I'm new to real estate investing and from the Philadelphia area. I recently set up my business using legalzoom. The main function of the LLC will be to flip properties. While I do have a minority partner, I wa...
Kay March
Can TICs avoid probate, like DSTs?
One advantage to DSTs is that they don't go through probate when the owner dies. The trustee distributes the owner's interest according to the owner's instructions, as I understand it. The owners of TICs receive deeds...
Angus Brooks
Tax Implications for Refinancing a Property in an LLC and Distributing Funds
Hey All- I own a small apartment complex in a two entity LLC and am wondering what the tax implications are for a cash out refinance. I have done a lot of these for my own portfolio, but am wondering if the tax impl...
Tony F.
ways to get a property out of corporate ownership
Found an off market property in up and coming area. Owners are open to selling, but just came out that the property is owned by their corporation. Their CPA says they will pay cap gains when the Corp sells, then they ...