Andrew Sparks
100% VA disability as only income
I would like to do some fix and flips and some buy and hold investing. Problem is, my credit isn't the best and I don't have a W-2 job. I do a few things here and there for extra income on top of my disability pay (do...
Andrew Taylor
SDIRA Buyer's Remorse
What, if any, is the "best" - or maybe "correct" is a better term - way to shift an asset or benefit from an SDIRA to personal use? Or IS there a way?My SDIRA is small (less than $15k) but it's the only money I have t...
Denise Pauzano
Inspection of property for evictions
I’m in PA and getting ready to serve a Pay or Quit notice. When do you typically go in to inspect the property to be sure there’s no damage (legally)? We have a 24-hour notice to indirect at any time in our lease.
Fahadbin Alam
How can I get a LLC?
1. Do I need to talk to a lawery about this or can I do it on my own like online? 2. is there a cost to a LLC?3. How does tax benefits work with an LLC? should I hold all my reciepts? and should I use a app?4. How doe...
Leslie Beia
Tax Q's About a Co-signed Primary Residence
Hi! I've talked to 2 CPA's and have received completely different information, so I'm hoping someone here can clarify!I have purchase a SFH (with hard money) that I intend to live in and share with renters (house hack...
Ben N.
Checkbook IRA/401k Scenario Opinion
Hi all, I'm curious if anyone can offer their opinion on how this prohibited transaction should be restructured:"Scott desires to purchase a rental property for $100K and would like to own the property personally but...
Mejgan Koenig
Solo 401k property purchase partnership question
Hi everyone,
We have an opportunity to close on a property ASAP.
We would like to purchase in partnership with our corporation & Solo 401k. The funds will be 50/50% from each. What’s the simplest way to do that?
Srikanth Katuru
Investing using SOLO 401k and LLC Simultaneously in the same deal
Hello Multi-Family Investors,Would like to post this question and see if anyone has experience with this scenario of investing in Multi-family. Can a Deal Sponsor invest funds from his/her own syndication deal as two ...
Reid Mathews
Self Directed IRA LLC and After Tax Money LLC
Hey friends! If you create a Self Directed IRA LLC but don’t have enough money in it to buy the property you want, can you use that LLC and then an after tax LLC to buy the property? And then would the two LLC’s be jo...
John Hyatt
Can you use a 401k or IRA and keep cash flow now?
Hello,
Can you use your 401k money or IRA money to purchase a real estate investment and keep the cash flow now? I see all over the internet a short answer of no, but what about the following situations:
1) example:...