Amber Turner
Individual 401k vs self directed real estate IRA
Hello,I have been looking into an individual 401k from vanguard. I like that we can contribute more money to it than our individual Roths. I don't know much about the self directed real estate IRA. Does anyone have an...
Matt Heerwald
Proper due dillegence for passive investment opportunity.
My wife and partner are looking seriously at investing 25-50k in a build in central austin. The proforma suggests an 11mo timeline and forecasts 25% profit, with 9% preferred return. What is the proper due diligence...
Richard Mercurio
College Student Rental Lease Renewals
I signed my first student rental lease in May 31 2018 , immediately after i purchased the property. The lease is up this May 31 2019. My hope is to resign with the existing students, all sophomores. How and when sho...
Buddy Holmes
1031 Exchanges from LLC and LP forms of syndication
I attended a recent webinar where a syndication principal was cautioning about the 1031 exchange ability of LP and LLC entities.He was saying the they must have a TIC form in order to conform to the 1031 rules. Speci...
Derek Carroll
land purchase option length
what's the longest you've seen a piece of land or a building tied up with an option? If it was your deal, was it a straight option or did it include extensions as well? how much did you put up to start and for each ...
Reid Isaki
Depreciation recapture on improvements
I see tons of the same examples on depreciation recapture. My question is if i replace an appliance and depreciate it over 5 years does this need to be calculated into my depreciation recapture if i sell the property ...
Frank Schaefer
Finance example of 1031 echange
I've done a search on this and couldn't find the answer. Sorry if I'm covering old territory.
I understand the 1031 exchange pretty well. I have a very specific question.
Do I have to fund the downpayment of the pu...
Bianca G.
How can you put your 401 K to work
Hello BP FamilyCan please someone explain me. If you would like to use the money saved up in your 401K. to buy a buy and hold how does that work?Any help will be greatly appreciated.ThanksBianca
Janet Behm
Last, Last Minute Tax Actions
1) Buy Supplies in Advance (to increase expenses and offset income)
How much disposable equipment do you expect to use in 2021? Order it now so the cost is deductible in 2020 if you need to offset income. Buy what yo...
Nicholas Z.
First private money loan
A friend recently offered to loan me the down payment money on a rental property in return for consistent interest-only payments over the course of the loan. It's the first time either of us has done a deal like this,...