Im trying to breakdown some minor details of what exactly qualifies for REPS hours. I've received mixed answers1) 500 hour material participation--- Does travel to and from the property count? We live out of state and...
Hi BP,I want to roll my ira to SOLO 401k because it sounds better in most ways to compared to self directed IRA. Mainly for the control and sounds like less expensive. This IRA is about 65kMy 2 questions are:1. Who ...
Hello, A little about myself. I am an Active Duty Coast Guardsman stationed in Seattle, WA, married, and father of four. Due to an ever changing life and never knowing where we will be living in the next two years I h...
I hold two properties in an LLC, one property is currently a STR with less than 7 night rental on average and I provide hotel-like hospitality services and materially participate. I just acquired it and would like to ...
Hello everyone!
My wife and I are based in Hinesville, GA, near the Savannah area and we're excited to be joining BP. We've been studying real estate for the past 3 months, and we're eager to connect with fellow inve...
Hi everyone, I'm looking for recommendations for a SDIRA company. I'm looking for an IRA LLC checkbook control account. Any referrals and feedback is greatly appreciated. Thanks!
1) Depreciation Carryover - Let's hypothetically say I have $100K in salary so that I qualify for $25K in passive activity loss deductions. In 2012, I take a $30K net loss from real estate operations. My understanding...
I have $50,000 saved I am age 49 live in Michigan, how should I start in real estate?
Hello all! I'm new to the forums and to the idea of real estate investing. I've been doing some research lately on the process of flipping houses and I'm intrigued by it all. I've also learned about using a Solo 401K ...
I have two differing opinions on UBIT. Are originating notes or holding rentals subject to UBIT? My CPA says yes but an attorney has said no. @Dmitriy Fomichenko and other experts please let me know your opinion.