Account Closed
I have a property and a friendly investor with an Inherited IRA.
Hi All,I need advice. I have my first friendly private investor who has not done this before so he and I are trying to figure out how to make this deal close. He has an inherited IRA and is willing to lend to me with ...
Justin Fortunato
What are the benefits of an LLC? Separating business and personal accounts?
Currently I own three single-family houses. Two of them are rentals that I plan on keeping long-term and the third is a fix and flip I plan on selling in the next couple of months. I have an LLC that I started abou...
Anthony Cohoon
VA Occupancy GUIDELINES
I’ll start by giving some Backround. I’m getting out of the army in a year, I’m currently looking to by a duplex. Ive been approved for 400,000 i am a single 23 y/o male. My fiancé’s credit is trash and if I marry her...
Cody Neyman
Do i have to pay taxed?
Ok I sold a house I have been living in for 4 years in PA. Do i have to pay any taxes on the profit from the sale? I have read that after 2 years you do not. I am going to be entering into a land contract for a rent t...
Prabodh Kumar kandala
Duplex homes in NJ
Hello Amazing BP Colleagues,I am new to real estate investing. I am starting out with buying a property to live in. Wanted to start with a Duplex.Me and my spouse currently work in middlesex county and it is so hard t...
James Sullivan
sdira
I have some funds in my self directed ira that I want to use (around 10k). Can I loan the money from my sdira to another LLC that I created? I'm not sure if the LLC I want to loan to is a disqualified person
Kevin S.
LLC and spouse.
Hi everyone, I am about to create my first (Florida) LLC. My first investment property will be a SFR and loan will be on my name only (income reason). I was told by one lender that the property has to close on my na...
Bob Willis
LLC whose only member is my SDIRA buying a property Subject-to - triggering UBIT
Hey All,I have reached to my accountant about this but thought I would ask here to see if anyone has done something similar.An LLC of which I am the manager, and my SDIRA is the only member, is in the process of acqu...
Matt Moylan
Changing partners mindset of House Hacking
Hey friends I’m hoping to get your opinion on my situation. I am all in on House hacking and doing that for a couple years to get into investing, but my girlfriend doesn’t want to because she has this mindset that we ...
Kevin Mosier
Setting up an LLC - Legalzoom or Local?
So I am starting a partnership with two friends, and we're about ready to get into our first deal. We've found an off-market deal, and we could move on it fairly quickly.We have yet to set up an LLC. I've talked to lo...