William Behm
No 1099-R issued from previous custodian after Rollover
I created a new Solo 401k in 2014. During 2014 I rolled over an existing 401k, Pension, and IRA; all three held at different institutions.The first two institutions issued a 1099-R with Distribution Code: G which is ...
Account Closed
Flips that turn into holds
What is the best entity structure for a business that buys then sometimes holds and sometimes flips? It's not always easy to know ahead of time if you are going to keep or flip. So it would be nice to just have both...
Jeff Bethke
Buy Hold Partnership Structure
Looking for advice on LLC structure, partnerships, location of Attorneys and CPA's, etc for a 50/50 buy and hold partnership on 100% turnkey properties in different US markets.
The simple plan is to go 50/50 with gre...
Tom Chen
LLCs and bank accounts
Hi everyone!So there are two schools of thought with regards to both LLCs and bank accounts.Some people say an LLC per property, some people say a bank account per property...What about having multiple LLCs, but one m...
Chad Smith
Use 401k for investing...?
I am looking into an option for financing properties I plan to rehab, refinance and hold/lease. I'm short on funds and trying to find if it makes sense to use my 401k to help fill some gaps on capital with the plan t...
Jesse Carmack
Newbie looking for Passive income advice
Anyone have any experience, positive or negative with “Blackstone Real Estate Income Trust (BREIT)”. Looking for a passive income investment. Just wondering if anyone has experience with crowdfunding real estate (the...
Pavel K.
Need to Ban a Violent Guest from Property - how to handle?
Hi all,My tenant's family member and her boyfriend (who are not on the lease) are causing destruction of property and many issues - such as damaging another tenant's property during an argument. I was wondering if any...
John Vietmeyer
Bonus depreciation & opportunity zone
I have a duplex held in an opportunity zone partnership established by my wife and I. While there is potential to add an ADU, we already hit the improvement thresholds and was going to ride out the 10 year period th...
Ari Bachrach
Tax implications of syndications
I have invested in a few syndication deals in the last few years, and three of them are ending or have ended this year. How are the final distributions taxed? Assuming there's depreciation recapture, will the deprecia...
Larry Flanagan
Hold rentals in S-corp?
I am buying a house this week that I plan to hold for a while as a rental. I plan on paying cash for the purchase, rehabbing, then refi'ing. Is holding personally or in S-corp most tax advantaged? One issue is most...