Alan Walker
Appealing County Assessor's Valuation
Hi All,I just got a notice from Salt Lake County Auditor's office that value on one of my properties increased by close to 20% and so my taxes are also increasing. I know the market is hot in SLC but a 20% increase i...
Jacob Perkins
Inheriting a property
This seemed like the right forum to post, but if it isn't, I apologize in advance.My father just recently closed on a property in which he bought it from the owner for roughly $17k. He saw that the property was in di...
Bryce Jamison
Need Expense Numbers for Durham
Hey Everyone,I read J Scott's awesome article about deal analysis a few days ago on here, and I've been crunching numbers every since.I'm hoping some locals could give me a better idea of what numbers and percentages ...
Jean Paul Rousseau
Do I need one LCC per house?
Hello bigger pockets fellows!I have four SFR properties in Georgia under a C-corp. For safety reasons, I was told it was better to put each house in a different LLC. One of the problem is that it looks costly (100$ to...
J Scott
Fiscal Conservatism?
I'm all for fiscal conservatism (I really am), but those in power who have claimed to be fiscally conservative appear to either be lying or not very competent:
http://zfacts.com/metaPage/lib/National-Debt-GDP-L.gif
...
Guillermo Lopez
Advice on ROBS and what investments can be rolled over.
I understand the concept but I would like to know if a 403B is ineligible for rollover if you are currently employed with the company that administers the investment. I stumped a Tax Attorney and the tax attorney gave...
Skip Reath
Valuing property held in 401k
Have a question regarding valuing property held in my 401k plan. In speaking to my 3rd party administrator regarding converting some of my 401k to the Roth election and paying the taxes they said I would need to get...
David Y.
Self Directed Roth IRA
Hi Everyone, Good day! I am a newbie here and I was wondering if anyone knows a good institution for the self directed IRA account that would allow REI later on. I heard that some institutions allow it and some don...
Noam Birnbaum
LLC questions for investing out of state
Hi folks,
I'm planning to purchase properties out of state, and plan to form an LLC to hold them. I might purchase properties in multiple states. I have some questions:
1. Does it matter whether I form the LLC in my...
Brant Richardson
401k owns LLC that invests in real estate?
I talked to a representative about making my 401k self directed to invest in real estate this morning. He said I can not invest directly in real estate with a sd401k but I can invest in an LLC with the sole purpo...