Stan Butler
Best Use of Free and Clear Property
Have been investing for almost 2 decades now and have assembled a nice portfolio of SFR properties. In about a year, the last one will be free and clear and trying to decide what's the best use of these assets. The ...
Kyle Doney
401k Contributions From Personal or Biz Acct?
Hi,I cannot find any literature from the IRS on whether contributions to a Solo 401k from an LLC taxed as an S Corp have to come from the businesses account or if they can come from a personal checking account. My acc...
Tony Duong
Paying taxes on the profits from a flip project...
I’m curious how others approach paying taxes after selling a flip project...1. Do you pay your taxes to the IRS immediately after acquiring the check from closing? Or, do you put enough aside and pay at the end of the...
Steve Schneider
Business Structure Help. Alberta, Canada
Hi there BP community,This question is for my fellow Canadian Investors. I was just curious how other people have went about structuring their Real Estate Investing companies. My fiance and I meet with our accountant ...
Susanne Rieth
Using retirement plan to fund buy and hold purchases.
Hello. I have an old 401k from a job I no longer work. I found this in an old thread:I have $500k from previous employer 401(k), I'm 52. I'd like to buy real estate, create cash flow via rental, pay myself, and ben...
Michael Ramzy
To Incorporate or not to Incorporate? That is the question!
Hi Guys, I'm from Ontario canada and I'll be closing on a property in New York in the next few weeks. I'm not renting the property. It's going to be a second residency. It's less than $200k. So the question; what is t...
Suzanne P.
Bank accounts, tax & legal entities for Canadian investors in US
After a number of Joint Ventures and gap lending deals in Canada and the US, my journey towards becoming an active flip investor in the US continues. I just completed an asset protection conference in the US and there...
Dezso Kovi
LLC or S-Corporation advice
Hello,
My cousin and I recently got an excellent mentor Stephen Tilton to help us build our capital, guide us on real estate, and connect us with others. I had a brilliant idea the other night. Instead of taking the ...
Geoff Kraemer
Can I rent my 2nd home to myself for business purposes?
I am currently a w2 doctor with a house in town A. I am planning on moving to town B (90 miles away) and becoming a 1099 doctor (town B is now my primary residence). I will still likely be doing an outreach clinic i...
Nathan Herber
Question Using a 401K & Roth for an Inital Investment
This is my first post on Bigger Pockets! Three colleagues and me, are in the beginning stages of developing a business to invest in a property. In order to produce enough cash for the first deal, I'll need to pull fr...