Hi everyone,I am trying to understand this whole tax situation with a LLC and how we actually get taxed.Say I have a property, under my personal name, that generates $1,000 per month on rents and $800 per month on all...

As an experienced real estate investor, having already owned dozens of properties and a real estate brokerage, I found instant wisdom in Robert Kiyosaki's "Rich Dad, Poor Dad."  I read the book and thought, "This guy ...

Aloha BP! My wife and I have started looking at properties this past week. We haven't put in an offer yet but it seems as though we're getting closer and closer to landing that first deal. Getting the first deal under...

So I'm interested in getting started in purchasing and running self storage facilities and want to learn more.  At the same time, I have decent money in my IRA  invested in mutual funds.  I'm thinking of converting so...

Has anyone ever done this? We seem to have a number of auctions around here and quite a few listed at "No Reserve". Just curious if they are worth checking into? Are they on the up and up in respect to do they have st...

Hi, My name is Mike I have bee reading the forums a lot going through all of the free offers and reading others threads to try to find an answer but I am currently trying to get into REI by buying rental properties in...

I'm trying to learn about rental property equity financing. But all the articles I find are about using equity in your HOME to buy a second property or rental property. But what about using home equity in your rental ...

If my SIDRA (regular/untaxed contributions) pays UDFI tax, what happens to distributions from the IRA? Do I have to pay tax on that income again or do I now have basis in the IRA?Also, I think I understand that bonus ...

Here are the facts on this potential purchase: (2) adjacent properties, (2) deeds, owner wants to sell them together.

First Property: (3) units
Gross Rents $1625 per month
Water/Sewer: $600 per year (approx.)
Insuran...

After being inspired by a recent post, I've been trying to find more ways to fund my Sons Roth IRA by giving him earned income. The eventual goal being to transform it into a Self-Directed IRA and have him buy his 1st...