I self manage a portfolio of 6 units and am wondering about the correct way to account for general expenses that span multiple properties as tax deductions. For example, things like tools or building materials that I ...
What do you all think about this cap and the statistics below? President Biden’s “Build Back Better” tax proposals could be devastating to anyone owning Real Estate... The three issues I have been following most close...
In 2022 I participated in a hard money loan and terms were for a year. I received a 1099nec in 2023 with the amount lended plus interest. How do I go about only reporting the interest earned instead of the entire amou...
Does anyone know any Syndicators that have a dividend fund. They're more tax efficient for SD IRA's. They typically run them parallel to their standard fund. I'm invested in one like but would like another to diversi...
Just getting started in real estate and I keep seeing asset protection as being very important. How do I determine what kind of protection to have S-Corp LLC or both? Can anyone explain how I could have both and what ...
My wife and I are preparing to invest with a group in an LLC that is purchasing two RV parks. We both have IRA funds with different custodians, but would like to roll them over into self directed vehicles to invest w...
I am a partner in a JV that purchased an apartment building in a hot market (or is that all of them?) a year ago. Much hard work went into improve the property, replace tenants that couldn't keep up with the rent and ...
Good Afternoon Everyone
I have a question, as new up and coming RE Investor I wanted to know if I was able to turn my 401k into a self directed IRA?? And if so how do I?? Thank You
Stacy Cruz
My wife and I are just starting out with REI. We've set up company emails and a website. Now we are trying to get the tax and EIN stuff straight. What's is the best path to ensure we don't start out on a bad note by p...
So I bought a property using money from an old IRA. I didn't do the self directed since it was only $20K. The setup cost along with the yearly fee would be more than the 2k penalty for using the money. Here's my quest...