Hi Folks, We have an Advanta solo 401k, took the self administered version.  IE check book control, EIN + bank account.  Own a bunch of rentals, have done this for many years in an Equity Trust SD-IRA (YUCK!) now happ...

Happy Sunday!I was recently in the process of gaining a pre-qualification for purchasing an investment home (buy and hold rental). Our starting target range ~$100K. I spoke with a lender who was referred to me by my r...

 I bought the townhome for 566.5k about 22 months back in Atlanta market. Existing tenant paying 4250$ for the last 20 months. I have to pay realtor fee to get this tenant initially.  Her lease expires on March 30th 2...

A buyer recently paid off her contract for deed which was held by me. She cannot/has not recorded the deed due to the fact that  property taxes are owed by her and in Genesee County, property cannot be conveyed if pr...

I've devoured all Youtube videos and form posts related to setting up an appropriate entity structures. I've also spoken to a few services popular here on BP. At the end, I'm still confused.Here is my situation- W2 ea...

Hello Everyone can someone tell me if this scenario would work in the real world.I want to put 25% down on a 90,000 purchase ( 22,500) .  The loan terms are 5% at on 20 year fixed term loan.I then want to do 20,000 wo...

Hello All! I have recently bought a house in January 2016 but am considering taking a job offer that would force me to relocate. If I sell this house I will profit, but how can I avoid taxes on this profit? I plan to ...

My wife and I have recently formed an LLC in Alabama with her 2 siblings and their spouses to purchase a short term rental property also in Alabama. We are 15 months into this and are now having our first full year ta...

Hello - I will send a rental property this year. LT gain expected of about $200k. My wife and I are above $150k AGI. 
Can one please explain to me how to avoid underpayment penalty? I am confused with “quarterly esti...