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Results (10000)
Ritesh Shah Commingling of funds
1 February 2018 | 6 replies

My llc is involved in a partnership as a member of another llc, and we recently realized that one of the other llc member is commingling funds between his llc and the partnership llc

What can I do to safeguard so tha...

Jeffrey Mason Tax consequences of notes in LLC
29 August 2015 | 2 replies

Hi,This is a tax question about notes.  I guess what I did is put money into a hedge fund that buys real estate notes.  I invested using money in an LLC that is taxed as a partnership (form 1065).  So far I have been ...

Kenny Wolfenberger Commingling Funds - is it legal?
1 March 2014 | 14 replies

At a recent real estate seminar I attended the presenter said that it is illegal to commingle funds from different private lenders to purchase a property. The example he used was borrowing money from 2 relatives (5...

Account Closed When to take profits out of Rental?
21 December 2024 | 18 replies

Have about $2k of profits sitting in a checking account solely for my rental ($4k total with SD).
When can/should I take the excess profits out and invest them?

Chris Collins Can you invest in Real Estate Using 401k/self directed IRA's
3 April 2021 | 4 replies

Can you invest in Real Estate Using 401k/self directed IRA's?  Have $130k in former company's 401k fund that was looking to use on Brrr.  Thoughts?

Jenni Rivera Seeking Advice-Step by Step SDIRA + HML
2 February 2018 | 7 replies

Hello BP Family,I am currently a W2 newbie trying to get started. I am in the research stage and trying to figure out how to fund a deal. I have decided to use about $10K in a SDIRA along with some funds from a HELOC ...

Charles Mouille Funding houses or rehabs
13 February 2015 | 5 replies

Has anyone used prosper.com for funding houses?

Andrew Sessions Investing in a flip (being the money man)
16 October 2017 | 5 replies

Hi all!   This is my first post on BP.  I am considering putting up some money for a flip.  I would just be a money man that would be a small portion of the overall deal. In exchange for my investment the "Flipper" is...

Pedro Morais Distributions from one LLC to another
18 July 2021 | 9 replies

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...

Garrett M. Using off book funds to close home purchase??
17 February 2021 | 2 replies

I am closing soon on an investment property using conventional financing and 25% down. My question is: Is it ok if, at closing, I wire funds from another of my personal checking accounts that was not reviewed as part ...