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I considering opening a solo 401(k) for our new long term rentals. Why aren't more people talking about this and instead refer to a Self Directed IRA instead (even though it seems leveraging a Solo(k) offers more oppo...
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Hello All,
I'm new to real estate investing and heard some talks from some friends regarding investing with your traditional IRA and/or Roth IRA accounts. Currently, my IRA's are with Charles Schwab (but my current ...
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I have been hearing and learning more about Self Directed IRAs. My CPA suggested I look into a ROBS account, (Roll Over for Business Startups) but I have to form a C Corp in order to do that. I currently have an LLC.I...
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This forum has done so much for me and I felt a bit guilty this afternoon for not giving back. Scaled to 48 Mid-Term Rentals in 2 years OH, hired a property manager and maintenance person. Quitting my job next week an...
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Hi
I applied for a DSCR loan to cash out on a free and clear 4plex held in an LLC but the loan officer is asking for my personal bank statements, personal home mortgage statements. I don't understand why I need to su...
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I am new investor, I finally secured my first property. Due to my title company/lender I am not able to put in my business name til a year out. I started putting the money in my business bank account but recently jus...
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Hello All! I’m closing on my first rental property 4plex that I will be house hacking living in one of the units. For the rental income and to keep everything separate. The property will be in my personal name. Shoul...
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Hi all! New investor here on Bigger Pockets. I just wanted to see if I could be directed as to how I can get an LLC for my first rental. Should I just buy the rental first personally and then transfer it to an LLC la...
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Hello:
I have done numerous searches for information pertaining to soliciting/using private money and SEC regulations on BP and other sites and am having a hard time formulating a basic understanding.
I do not want ...
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I want to use my IRA to invest in real estate and possibly notes. Can anyone give me some direction as to where to start or recommend a custodian. Do's and don'ts? I am just beginning to explore this option.Thanks