Once I get pre approved, is that just for like one property/ Can I make offers on multiple properties if the price range is similar? Then how long does being pre approved last? I assume having a lender run your credit...
We are going to be buying property and building a spec home shortly and need to understand the pros and cons of doing this deal through an LLC vs. as individuals, from a tax perspective. Is there a difference?I alread...
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I talked to the always helpful @Dmitriy Fomichenko a while back about SoloKs, SDIRAs and Checkbook LLCs and despite the SoloK being the obvious best choice, I came to the conclusion that since I don't make any schedul...
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Is it possible to set up a SEP IRA to be a self directed IRA/checkbook IRA/LLC IRA? I max out employer sponsored 401k. In addition have a separate C corp and am considering setting up a SEP IRA. Not eligible for Rot...
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Hi everyone, I am an out-of-town investor in Charlotte
I’m reaching out for some advice regarding multiple evictions . Over the past three years, I've had to evict three tenants !!! with the most recent eviction las...
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My tax guy says to open s-corp instead of LLC for my consulting business to avoid personal business taxes. But I never see any one here say S-corp. is it different for real estate?
I'm screening a tenant and upon contacting the listed employer, they would not confirm any information on the tenant without a SSN, however the tenant will not provide the SSN due to a fear of cyber theft. What would ...
I recently left my corporate job after 19 years. I have a pension of $150K that I can move to a solo 401K which I can use to invest in real estate. I recently started looking at property and can find pretty good dea...
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Hi BP community - I wanted to know who has set up solo 401(k)s within their LLCs as a way to both reduce tax exposure and add to retirement savings? I'm looking for a way to reduce profits into year end and the con...
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To who it may concern,
I’m a novice investor looking to potentially purchase a multi family in the Atlanta area. I’m looking for advice of buying in gentrified areas. Where are the up and coming areas of Atlanta tha...