Hi BP SDIRA experts. I'm looking for some advice and opinions. Here's the scenario:$30,000 in a Roth IRA - I'm tired of investing in the stock market and excited about real estate investing.  I'd love to use this mone...

Even with using the lowest cost IRA provider out there the fee for 4 separate accounts is over $600 annually assuming my wife & I open a Roth & traditional each. If I put this in one of my best investments th...

I just got my first K-1 from a multi-family syndication and want to understand it.  This is the actual K-1 with real numbers and only personally identifying elements have been removed.  I'm going to describe what I th...

I am 66. Can I transfer some of my self-directed IRA to pay down my mortgage on rental property? Consequences, if any?

CPA question.  I am going to make up some easy numbers for thought experiment for a tax strategy, in my head for the future, but thinking I am missing something.  Business owner (Joe) sales a small business ( not rea...

Hello, i am starting out in wholesaling and hoping to start my first deal soon and was wondering, do i need to pay income taxes on what i make?! Thanks

Does anyone have any experience setting up an LLC for their real estate agent business? If so do you have any reasons why you would or would not do it again or why you chose not to in the first place? I am considering...

Hello All, I have been having good results with investing in buy-n-hold rentals using my ROTH SDIRA, SOLO401K and regular 'cash' investing. To me they each have their place when looking at goals; a combination of some...

How does taxes work for wholesale income? Specifically is it considered capital gains even though you get an assignment fee?

New to tax liens. I’m doing research in IL. I watched the Boone county auction and reviewed the results. I couldn’t figure out why many lots went for zero bid. My first guess was it’s likely they get the house but ...