AJ Sekhon
PPP Multifamily ineligibility
Looks like the sba and treasury has denied multifamily owners from accessing PPP funding. Terrific...https://www.nmhc.org/news/press-release/2020/apartment-industry-urges-sba-and-treasury-to-amend-paycheck-protection-...
Chai Jonn
Solo 401k Contribution Limits
Hello All,I have opened a Solo 401k Account last year. I have self employed income for 2018 and 2019. I like to contribute to both 2018 and 2019 this year. I have filed for extension for taxes for 2018. I am getting d...
Nick Gray
Is an FHA Loan's MIP Tax Deductible?
I have a 4-unit MFR under contract and I am comparing financing options for down payments of 10% and below. Not surprisingly, banks are pitching me hard on the FHA loan, which would carry a 1.75% upfront MIP rolled in...
Matt Frazier
Anyone familiar with 0% seller financing?
Hello,This is my first deal.I am in the process of negotiating a seller financed sale of a house that he inherited from his late mother, it needs work and he does not have to time to fix it up. The seller is more focu...
Amy Hu
sell house from solo 401k to self directed IRA
We bought 4 SFR in my husband's Solo 401K two years ago.Recently we realized that it's impossible to do cash out refi as each of those is not worth much. can't meet minimum loan requirement.Can I sell house from his...
Andrew Haddad
4 First time investors looking for advice/confirmation about getting started
We are 4 younger guys recently out of college looking at forming an LLC to purchase our first investment property. We planning to meet with a lawyer soon to cement our articles of organizations and operating agreement...
John T.
How to tax a co-investor?
Hey all,I have an interesting situation that I will need to deal with next year. My father is a year from retirement and has decided to withdraw his 401k to help me buy some additional investment properties. The deal ...
Ayne C.
Investing in a private fund
I have a tax question I'm hoping someone will entertain.. I'm going to invest in a 506b fund and I'm wondering.Is an income generating asset taxed more favorably when held inside an LLC?-Yes-No-DependsThank you in adv...
Drew Weidner
Need A Pennsylvania Hard Money Source For Owner-Occupied Home
Hello, I need some help figuring out how to put a deal together.Here are the details:Home Value - $325,000Selling Price - $285,000Owner has an existing first mortgage of $190,000 that needs to be cleared. He is willin...
Sarah Williams
Can we foreclose on a property without a lawyer?
We are property owners that went into an owner financing situation on a deal with a buyer. The buyer defaulted on the loan, and we need to start the foreclosure process. Can we do this on our own? If so, what would th...