Brian Plajer
Syndication Strategy using HELOC funds
Hello,
I am interested in Apartment building investing however I am 52 yo and have a Full time job in healthcare, I have access to capital via a HELOC and was contemplating investing in a couple syndication deals....
Curt Smith
solo 401k, take distribution, how to pay the taxes due?
Hi Folks, We have an Advanta solo 401k, took the self administered version. IE check book control, EIN + bank account. Own a bunch of rentals, have done this for many years in an Equity Trust SD-IRA (YUCK!) now happ...
Ryan H.
RMD's as Qualifying Income
Hello, I'm beginning to explore purchasing my first property with loan financing. I do not have much employment income, but I do receive Required Minimum Distribution (RMD) income from an inherited IRA account (from ...
Nick B.
COVID-19 IRA withdrawal
Hello BP,I am considering withdrawing money from my IRA pursuant to CARES Act. According to the Act, one has to qualify to be eligible. Besides the obvious qualifiers such as being infected by the virus or losing a jo...
Kevin Brinkmann
Valuation, 1099/1098 Reporting, Retirement vs Non-Retirement Acct
Good Afternoon to all! Working through some questions as I finish my first individual Note purchases with my Individual 401(k) and was hoping the community would give me a hand in clarifying my thoughts some. Wanted...
Thea Linkfield
Switch Property to LLC for tax purposes?
Hi all! I have a property I bought through the Duval County Foreclosure website with cash. I am working with 2 people on fixing it up and flipping it. The property is in my name. We are going to split the profit evenl...
Scott Harper
Financing as legal entity
I plan to pay 150k cash for sfh. My plan was to close with existing sub s corp on title. After rented finance out. Will this affect me when trying to finance 80 percent of appraisal out in a couple of months? It shoul...
Justin Rowe
Taxes for small private real estate fund (MMLLC)
I’m looking for some specific advice on structuring a small (<$250k) private real estate fund. I am starting with a passive group of friends and family investors. The goal is to raise capital from 2-3 parties to i...
David Waldy
Pragmatics of Private Lending or Family/Friend Money
Good afternoon Bigger Pockets Fam!I'm in the beginning stages of my REI career and cannot seem to find the answer to what I feel like should be a pretty straightforward process.When using private money or family/frien...
Jacob Vorreuter
Tax implications of equity syndication deals
What are the tax implications of investing in an equity syndication deal as a limited partner?I’m considering investing in commercial multi-family equity syndication deals through a crowdfunding platform. I’ve reviewe...