Jeffrey Seid
How do lenders verify tax returns in Canada?
I always wondered how lenders verify tax returns in Canada. In the Usa, lenders can make you fill up a form that will allow them to pull your tax returns themselves, but such practise doesn’t happen in Canada. Lenders...
Nilo Ignacio
Help on how to buy more rentals
Hello everyone. I want to start buying and holding rental properties.
I have one rental that is paid for that is worth $125k and the home I live in is also paid for worth $225-250.
I'm a self employed. I have 50k in ...
Account Closed
Strategies for Home Ownership as a Real Estate Professional - Pay Taxes or Take Write Offs
I have been in a good/bad dilema for some time based on my success as a real estate professional. Since we are growing and taking on new projects, my write offs have steadly increased or at least kept pace with my i...
Bruce Scannell
Has anyone used IRA Resources Inc in San Diego for their SDIRA?
I am looking to set up a self directed IRA, and I've done quite a bit of reading on bigger pockets about it. I understand their is some risk, but I do like the additional investment options. I am trying to find a repu...
Kyle Olinger
New to investing, new to BP
Hey all,I'm Kyle Olinger. I'm from Lincoln NE and it's time for me to make this leap. I'm in learning mode so I appreciate everyones support. For the majority of my adult life I've been surrounded by very conservative...
Neil Copeland
Solo 401k Opening Questions
A couple of questions that may lead to others, so here goes. I have a single member LLC that owns rental property, and all of the rental income and rental expenses flow through that LLC. At tax time, that profit/los...
Eric James
Withdraw money from 403 (b) with penalty?
My current and past employers have 403 (b) retirement plans. I have put a certain percentage of my salary into the plan and they add 128%. The employer contributions became mine permanently after I worked at the jobs ...
Kyle Falkenstein
Wholesale and Taxes in NC
For everyone that is or has wholesaled in North Carolina...I plan on getting in contact with a CPA and attorney. I was curious on people’s experience. How much taxes are taken out of your assignment fee checks? Also a...
Lance Luvaul
tax implications of nonresident holding property in series LLC?
"With regards to Nonresidents of the United States, it is not wise to believe the LLC is generally the best solution for your business needs, as there may be self employment taxes and estate taxes involved that could ...
Ted Davis
401K Investing in Real Estate
Hello everyone,
I’ve come across a few mentions of 401k investments in real estate in articles but after googling for more info, outside of contact your plans administrator to see if your plan allows this type of inv...