Lazar Hausman
Concerns about self dealing in a self directed ira
Unfortunately, I lost my Mom a few years. As a result, I have a beneficiary roth ira. This is a great asset because any profits are tax free and distributions are not penalized or taxed. It is currently self-direct...
Jeremy T.
New Member / Big Plans - Pittsburgh, PA
Greetings BP.Having spent many years integrating (and ingratiating) myself into online communities in several areas of interest, I have applied my method of anonymous lurking (no stalker) to gain a feel for the ‘lay o...
Ethan Bennett
Renters ruining a nice neighborhood
I purchased my home in 2006 because its in a quiet dead end cul de sac. The past 2 years a few of the homes around me have gone up for rent and brought in "interesting" people.
Unfortunately the people next door t...
Randall C.
Tampa Bay Investors!
Hi everyone!I have been watching on the sidelines for a few months, trying to take in as much as possible before jumping in the field. I am a prospecting wholesaler, I have a plan (I think), a marketing strategy (my c...
Becca F.
LLCs and possibly losing step up basis
I know this is the millionth post about LLCs. I've talked to two investors in California and they said if a property is in an LLC, your heirs (my kids) would lose the step up basis. For example: if I bought a house in...
Tom Juhn
Peer to Peer Lending Sites
I was looking into Peer to Peer lending. Has anyone tried this sites? What was your experience?
Brandon Elliott-Pandey
BEST Assets protection EVER!!!!
Okay, so I see this a lot in our industry. Investors will buy a property and put it into a LLC or buy it with the LLC outright. My question is whether or not to make a NEW LLC for every investment property you own? I ...
Aaron Rouser
Seeking Advice on Entity Creation for Growing Portfolio
My wife and I own two properties in the Saint Paul, MN market - a SFR and a duplex - that are fully rented. We want to transfer both properties into LLCs, but we want to do so properly, and in such a way that sets us ...
Jamie C.
Mom in a pickle with charity's property
(posting this for a friend who’s not on BP)
Situation: My mom and dad have big hearts and made a nice gesture but unsound “personal finances” decision years ago. My mom runs a charity and to ensure the loan would be ...
Tom V.
Question for those who self manage your properties
I'm going to hold rental properties in my own name and manage myself, however I'm unsure about whether to manage the properties under my own name as well.I"m not interested in the LLC vs sole proprietor debate please....