Linda Weygant
Failed Section 8 inspection due to a broken window spring. Help?
Need to repair a steel framed sash window that will not stay up. I believe it is a spiral balance window. See pics. It is an older single pane steel window that we would rather replace if repair is going to be expensi...
AJ Shepard
Self Directed Retirement Plans
Hey BP Forums Users!I wanted to start a discussion on Self Directed Retirement Plans. I have a couple 401k plans that I have not rolled over into a Self Directed Account and am now starting to look at this option. I...
Kathy Reyes
Wyoming vs Delaware LLC
Does anyone have info on setting up an LLC out of Wyoming or Delaware to maintain anonymity? I live in Illinois and would like any advice on this topic and recommendations of attorneys you may have used to successfull...
Brent T Galbreath
Is an LLC necessary?
I’m a newbie at real estate investing and looking to get my first home for rental income. I’m told I should start an LLC to protect my personal assets. Do you guys feel that is necessary? If so, does it have to be my ...
Andrew R.
SD-IRA, to use LLC or no?
I have done research already, but hoping for a quick primer on:I want to move some of my IRA into Self-Directed and use it for rental properties. I will purchase 1 or 2 homes using non-recourse loans, and I'm shopping...
Jessica Sander-Cederlof
Becoming self employed - what to do with 401K
I am 26 years old and married. I graduated from college and started working for our sheriff's department and then moved over to our county Assessor's Office. In total I have been with our county offices for about 5 ye...
Account Closed
Career advice: Real Estate Agent Vs. Home Inspector
Hello all, I have decided I want to get into the real estate career field, however I am torn between becoming a real estate agent or doing home inspections! I understand that being an agent probably has a higher salar...
Paul Sandhu
Ever have a tenant get injured in your STR?
One of my renters fell off the front porch and broke his arm near the elbow. Alcohol was involved, my renters are refinery contractors. The cast was from the shoulder to the wrist. He's not able to work and went ho...
Danielle Wolter
Solo 401K vs. Self Directed IRA
I have a 401K from my prior employer that has a decent sum of money in it. I have left it there for the past several years because the return have been decent. However, I think I'd like to have the option to invest in...
Roy Mitle
confused about depreciation
For example: you buy a rental property for $100k.$40k attributable to land and $60k to building.You sell it 5 years later for $150k.You'll need to take $2,182/year for depreciation (see MARCS 27.5y table), so that's $...