Hi, we have some retirement accounts we're considering cashing out for real estate investing purposes. We have a 401K, Roth 401K, Roth IRA and a Traditional IRA Brokerage account. What's the simplest and cheapest way ...
I heard that if you are a sole member LLC that you must pay income tax on the money that is in your accounts. But you will pay less taxes if there is more than on member. How does this exactly work? Does having an LLC...
Hello newbie here. I have a multi use property( 2 storefronts 1st floor 2 two-bedroom apartments 2nd floor) that I bought cash with a cash out refinance on my primary residence. I plan to hold this property. It was ne...
Hi all, newbie here so I apologize if this topic was already discussed. I'm interesting in investing in a MHP Fund. Does anyone have experience in investing in a MHP Fund? If so which funds would you recommend? Fo...
I have (what I consider) a good chunk of change sitting in a traditional IRA. I'd like to use that money to fund flips (in and out in less than 120 days) and/or use it for transactional funding.
The financial adviso...
I have read several articles here about the benefits of scorp vs llc and I'm going to work towards a series llc to hold the properties in 2021. In early 2020, I started a multi-member LLC (2 members) and elected scorp...
hi, what are the risks of doing a remote closing outside of the property condition? I'm most concerned about some contractual issue coming up, i.e. the title company signs the closing documents despite a title defect.
Hi
Short back story:
Search warrant served and tenant refused to open door resulting in police using force (they did knock first) that caused considerable damage to property.
Termination (90-day) notice served to t...
Hi. In 2021 I invested in 15 different RE Syndications and was wondering how LP investors keep track of quarterly distributions and other performance metrics vs. what was originally presented in the original pro form...
Hello,
I'm a 50% member(there's 2 members) of an LLC that has several rentals that will soon be free and clear. Once free and clear, we're considering splitting the properties up and ending the LLC. We have an excell...