Charles Allen
LLC taxed as S Corp - 401(k) maximization
So as my understanding goes, the IRS does not know what "LLC" means. It understands Sole Proprietor, Partnership, and S-Corp, but not LLC. One of the interesting options is to take an LLC and ask the IRS to tax it as ...
Zack Thiesen
Relocating and Financing
I've found an area I'm going to pursue a few states away and am moving there in mid-May. I searched the forums and found similar discussions about relocating and subsequently getting bank relationships back up to spee...
Kameron Patterson
Looking for creative financing ideas for multi-family property.
Happy Father's Day to all our BP fathers out there.I am getting ready to transition from active duty military to self-employed civilian. I have run into a complication I was hoping I could avoid. I am having some tr...
Elliot Marszalek
FIRE ratio with unrealized expenses.
According to the FIRE ratio I'm extremely close to 100% but then I have to consider things such as insurance when I no longer have an employer and it pushes that percentage back quite a bit. I'm wondering if there's a...
Harlan Robinson
VA Loan with Income Requirments
My W2 income is spotty over the last 3 years. I have taken breaks to work on other projects but have always gone back to the same employer. I do not have two years of steady W2 income but I do have two years of income...
Jesse Scriven
Step by step set up for Tenants
I am looking to rent a home. What source do you use for:
- screening criminal background
- how much they make
- any step by step that would be good to get them in.
Thank you!!
Harry Orfanos
Investing in an "F" area
I am looking to become a new first time investor and am working with a great Realtor out in the Cleveland area. He just sent me a deal that checks a lot of boxes (Newly renovated, cash flows according to the 2% rule a...
Chris Sukala
IRA into physical real estate
Could some help me out to understand this. I saw somewhere in one of the forums last night about this. Correct me if I am wrong but you use you IRA or 401k as collateral without actually move monies from it?
Beau Jensen
Self-directed IRA
I have been trying to educate myself on the advantages of a Self-directed IRA vs Roth IRA. My curiosity was peaked when I listened to a Podcast recently about a gentlemen that purchases "investment properties" with h...
Martin Senn
Self directed IRA
Does anyone have good experience with a company that offers Self Directed IRA accounts? I have an account with Equity Trust but there fees are high ($350/year) and the service is marginal.