Roger Peng
Question about home title and income tax
So I just bought my first property (4 plex) and had to use my parents to get the approval for the loan,my question is, my parents plan to retire in the next 5 years and don't want anything in their name as it may affe...
Kris Mccrary
Taxes on flip house
My brother and I started an LLC, bought a house, renovated it, sold it. Now we have some profit and was curious if there’s anyway to put the money into another vehicle to avoid the taxes on profit. Looking back I woul...
Sameet Koppikar
Is it worth buying real estate through your SDIRA?
HI Everyone...Just joined BP - I've been reading the forums for 1 month. Lots of great information. Thanks to everyone who is sharing their knowledge. I am debating whether it is worth using my SD IRA to purchase rea...
Al D.
How to tell if what’s in a K-1 is UBIT and you must do a 990-T?
I (my SDIRA) received a K-1 with “current year increase” of $2,749. This is for a real estate syndication. I was not expecting to be hit with UBIT until the end of this partnership, when equity is to be liquidated. ...
Steve Maye
Want another rental- Would appreciate advice
I have a single rental property and have had no issues. I am looking to purchase my second, but would appreciate some advice.For my first property I asked for advice from a property manager who recommended purchasing...
Tom Jimenez
401k withdraw?
Hello bp subscribers. My wife and I are brand new to the real estate investing world, and are looking @ all of our options for financing out first property, and one of them is possibly taking from my employee based 40...
Tom Wallace
Need to finance additional properties...
Hey all...I am a business owner (unrelated to real estate) and I currently own 3 single family properties which I have purchased, completely rehabbed and rented out(to great tenants). I own these 3 properties outright...
David Fernandez
Would you contribute to a 401k/Roth IRA, or not?
My wife's employer offers what seems a good retirement plant. If she contributes to her 401k/Roth IRA 3% of her basic salary, the employer will contribute the same 3%, plus an additional 1% of her basic pay. For examp...
Zachary Litwin
Self-Directed IRA Withdrawls
I hear a lot of people talking about advantages of self-directed IRAs and understand the tax advantages are huge--not to mention essentially having a higher return without taking a higher risk. However, what does with...
Jeff Petsche
$200K+ in Starting Capital. Several SFRs or go Multi-Family?
We have a starting capital of $200K+ to put into REI and we are looking for long term BUY/HOLD properties and CASH FLOW. Our question is do we focus on acquiring several SFR properties or go straight for the multi-fam...