Anja Brey
Legal/tax question regarding self-directed IRA
Hello,I have a defaulting promissory note in my self-directed IRA. I am about to short sale the property for a large loss. Ideally, I would close out the self-directed IRA and move the money back to an IRA brokerage a...
Nicholas Libertin
Help....accountant recommendations for real estate professional
Looking for accountant recommendations. I have a high W2 income and my wife will be a real estate professional this year. Looking for an accountant who has intimate knowledge of:1.how to best offset my W2 income2.ho...
Stan T.
David Campbell & Hassle Free Cash Flow Investments – Dallas / Fort Worth, Texas Turn-Keys
Wondering if anybody has had the chance to work with David Campbell of Hassle-Free Cash-Flow Investments. His concise and informative ebook struck a chord with me, as it is exactly the investment philosophy I am lo...
Demetri T.
Online Bookkeeping Solutions for 2021 for multiple LLCS
Our company has 16 properties within 10 LLCS. We have been using a desktop version of quickbooks and each entity had its own file. Generally there are not many transactions but each has its own bank account and some...
Account Closed
Which indicator is better? Cash-on-Cash or IRR?
The formula for cash-on-cash is cash flow divided by total cash invested (aka down payment). To my knowledge, it's primarily a single-annual indicator meaning the cash flow is annualized and only for one year, whereas...
Tony Gunter
Discount Solo 401K. Com
Has anyone worked with these guys?
I want to roll over a 401k etc., but have not been able to find much on them in the way of reviews. They are BBB accredited, but with only one review. Other than this, info is pret...
Gregory J.
Google is wrong about how to compound interest: Thoughts on NPV
I noticed when googling "how to convert annual interest rate to monthly" it consistently gives the wrong answer. Dividing your annual interest rate by 12 ignores what Einstein described as the most powerful force in t...
Brandon Seyferth
Seeking Input on BRRR Analysis
ScenarioChicago: we buy 2 bed, 1 bath (900 square feet) in a decent neighborhood (Rogers Park) at $125,000 at $25,000 down (the 20% down is cash, the remaining is financed).We add a half bath to force equity and every...
Naveen Desai
OLD property, long term renter is in place. IS this a deal and property Value at the end?
Please advise.
2 factors that I thought would average out and therefore not include i calculation.
a. No down payment.
b. Interest is not accounted.
Purchase price70000
Inspection...
Aaron Smith
Annualized Total Return
Hey all, In examining the output from the Rental Property Calculator, I notice my Annualized Total Return drops significantly year over year. Can someone please explain to my why? Thanks!A