We are wanting to open a solo 401k for the 1st time, and have been running after Charles shwabs as well as fidelity trying to fill the forms needed with little to no help at all from them. Looking at other options lik...
Hello,I do real estate flips currently under my own name (I know lots of liability risk), but the up side is I pay capital gains tax at a lower rate then a pass through LLC.Can I create an LLC that has no income, so t...
As tax season is approaching, I'm trying to find more ways to reduce my taxable income to get down to the more favored brackets.If I have passive income (rent) coming into an LLC, can I pay myself a management fee to ...
Brand spanking new minus the spanking part. Will post something when I get a real feel for what I'm doing here.
Hi - I'm wondering how to think about valuing cash from an LP in a deal. For a simple example:Two GPs of an LLC find a deal for a $100k property, and get a loan for $80k.They want to use other people's money for the ...
Hi,
A friend and I are going to start a real estate flipping LLC, he's done 100s and owns a larger GC compan, I'm newer to it. We are beginning by contributing 100K each and future capital contributions will be 50/5...
I have been reading a ton of material (including Bigger Pockets books!) on real estate investing to educate myself before purchasing my first property.I've been scanning the MLS and been in contact with my agent for t...
Hi BP, So I can't find much info on this but is there anyway to use my employee contributions from my normal full time w2 job to fund a SOLO 401k or SD IRA under my REI LLC umbrella? If not by funding directly, can I...