I have searched the web for ~20min and can't find an answer on this. I'm asking because there's a general prohibition of direct or indirect benefit for the IRA owner...If my self-directed IRA bought and flipped a prop...
Hi, my name is Oscar Sánchez from Mazatlán, Mexico... I just joined my family construction bussinness about 6 months ago www.cmichel.mx and I´m no engineer or arquitect.. I´m a finance guy so I like spread sheets, mak...
Hello,Can I use SDIRA to purchase a home (manufactured home) and rent to a sibling?If so, in the future is there any issue if the sibling purchases the home? Can you do a lease to buy option?What if any restrictions o...
Can my LLC partner with my checkbook SDIRA for down payment money for a non owner occupied 4 unit apartment? The unit would be held in my LLC with my other units.
Hello!Looking for guidance on appropriately partnering my SDIRA LLC with my business LLC for a real estate purchase on a fix-n-flip. My understanding is that this partnership can take place, despite being a disallowe...
There are a lot of options for asset protection, but the only true protection that offers FULL protection is by using a foreign trust. If you are purely domestic in the US with a domestic LLC and Domestic Trust, you a...
I will soon be an Airbnb host and want to get my accounting right from the start. I am buying a house I will live in myself and rent out the different rooms for more than 14 days each year through Airbnb. I am aware o...
Hello BP Team,I'm in the process of selling my 1st flip via my LLC. I do maintain records and receipts of all of my investment activity for this flip via excel. Trying to understand the Accounting/Book Keeping work n...
I am in contract to purchase a duplex in California on a parcel that is eligible for an ADU unit in the rear.
confused about structuring purchase.
The investment will be purchased by
The traditional IRA/LLC 4...
I'm looking for the best place to find a foreclosure deal in Chicagoland. I can't do the legwork work involved in direct mail, door-to-door, etc. I'm talking, easy, amateur hour finds. Thanks!