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Results (10000)
Robert Pickles Feedback on MidAtlantic IRA
22 September 2018 | 15 replies

Hey folks,

Several weeks ago, I posted some questions about what I suspected was an un-informed group offering IRA advice. As I suspected the advice was bad, as indicated by the answers I got here, my accountant, an...

Lucas LeBlanc Private funding: Solo 401k / SD IRA
22 February 2017 | 9 replies

My girlfriend and I are quitting our 9-5's to fully jump into real estate investing, but we have a few questions around funding that I'm looking for input on. We will be consulting a RE lawyer at some point, but I'm h...

Dana Regan Can one of my LLCs loan my other LLC money?
16 August 2023 | 19 replies

I currently have an LLC for my consulting business  (not real estate) and want to loan my real estate LLc money for purchase and renovations.  Is this allowed? Or do I need to make a disbursement to myself to fund the...

Tom Hertz Rental Property Purchased with IRA
2 June 2016 | 12 replies

I would like to purchase a property with funds from my IRA to use as a rental property.  I know there are rules regarding who I can and cannot rent to (like family members).   I would like to do a lot of the managemen...

Rich Weese dominos falling?? What if???
24 May 2010 | 32 replies

Ok- subject is euros. Greece and Portugal are kinda messed up. Now, Germany and France are threatening to depart the euro. IF this were to happen, is euro dead? Are we(the U.S.) going to loan (read- give away) money t...

Steven Hershey 401k Withdraw Good or Bad idea?
10 December 2019 | 39 replies

I have this Idea of taking a 20% withdraw for a down payment out of my 401k to avoid PMI costs and down the road to grow my properties to gain financial independence. I understand all of the consequences like 20% fed ...

David Y. Self Directed Roth IRA
27 May 2015 | 15 replies

Hi Everyone,  Good day!  I am a newbie here and I was wondering if anyone knows a good institution for the self directed IRA account that would allow REI later on.  I heard that some institutions allow it and some don...

James Fraundorf Early withdrawal from Roth IRA for DP
7 December 2021 | 0 replies

Question for an a cpa/accountant, I want to take an early withdrawal from my Roth IRA (contributions AND earnings) to buy my first property (not a primary residence).  I know there's a 10% early withdrawal penalty for...

Russell Thomas Chart of accounts for an Opportunity Zone Business and fund
20 January 2020 | 1 reply

I am interested in setting up a small opportunity zone fund. I would like to see how others have set up their chart of accounts in quickbooks to cover capital contributions from capital gains differently from non-qual...

Steve Endress How to Calculate Equity for Finding the Deal
24 January 2014 | 3 replies

Here's my situation:

I have been working with a commercial broker for the last two years to find a good MFP, found it, got my offer accepted at 1,365,000.

I have a good relationship with a bank, have th...