Dustin Faeth
Investing with Self Directed Retirement Account Funds
If I have personal retirement funds in a self directed IRA right now, what options do I have for investing this in real estate? And can I use this money to invest in real estate for my own business (to fund rehab cos...
Jason Schatz
Schedule E vs. Schedule C - Rental Business
Happy New Year All -So one of my goals for 2019 is to get my book keeping much more organized, and while doing that I have a question I thought I would throw out to those more experienced than I. 5 years ago I left my...
Jack B.
Weird tax questions selling my house
The form escrow provided me asked if the sale of the house is greater than 250K if I'm single or 500K if I'm married. It doesn't ask about capital gains. Heck, I bought the house for more than twice the 250K amount th...
Richard Lee
TN - Gatlinburg/Pigeon Forge/Sevierville STR taxes
We finally have our STR property set up and rolling, listings cranking on Airbnb and VRBO, and on our way towards getting enough 5 star reviews to kick the machine into high gear. Still have some deferred maintenance...
Peter Kehr
Ethical question working with two buying agents
Hello again Bigger Pockets!I have an ethical question. Let's say I found a house on zillow or realtor and I reach out to the agent via a form field on the website. I start working with her, but after a bit I'm not lik...
John Doyle
Can I use rental income to fund solo 401k? SEP-IRA?
I love maxing out our tax-advantaged accounts (my 401k at work and Roth IRAs for my wife and myself). Usually we have a few thousand dollars each year to invest after we max out these accounts (and it usually just go...
Carolina Gutierrez
tax transfer in Pennsylvania
I have been doing as much research as possible before jumping into an investment property in PA. Not sure if this is just the pessimist in me or just making sure i dont screw myself over in the future...but what is t...
Kyle Mitchell
Self Employment Tax on Asset Management Fee?
I just purchased my first two apartment building via syndication last year and we collect a 2% asset management fee. My CPA is now telling me that this asset management fee will be subject to self employment tax. I ...
Bryan Hancock
Accounting For Unequal Contract Prices For Joint Venture Purchase Of Residential Lots
Scenario:
We're buying two residential lot contracts from a local wholesaler who set them up as $30k and $95k when the market values are probably (needs to be confirmed to see what is capable of being built) closer t...
Salar Rouhi
Looking at purchasing a specific property
Hello,I am looking at purchasing a duplex. They are both 2 bed 1 bath built in 1958. That are currently rented for 650 plus utilities. In the current market I should be able to get 850 plus but the renters have lived...