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Results (2777)
Robert Burns Prohibited Transactions in Self Directed IRA's
21 April 2017 | 4 replies

I need some input on self directed IRA's.  If I bought a mobile home or other property with the IRA and collected the lease payments from a lease purchase agreement and paid the federal and state taxes would that cons...

Alex U. Notice to leave California
14 March 2017 | 2 replies

I had a question for some of our experts. My tennant sent me an email stating he is leaving in 28 days, our lease says he must give 60 days notice.  I told him fine, I would make every effort to market the property an...

Ethan Miller House hacking - mortgage fraud?
17 December 2019 | 13 replies

Was thinking about house hacking a fourplex that is over 60 miles away as a “vacation home” as it is in a small country town, I currently live in the heart of suburbia with no plans to move completely. Obviously first...

Heidi Wills Best business credit card: Go!
1 February 2017 | 22 replies

Anyone have an opinion what's the best credit card to use for business expenses? Re perks, cash back, miles, low interest rates, stuff I haven't thought of, etc....

Kevin Huang Seller agent negotiating in bad faith
13 September 2022 | 2 replies

We were trying to place a bid for a property in the Los Altos area. The selling agent told us there were 7 offers and we were in the top 3. They were working on a counter offer for the top 3 offers. After an hour or s...

Account Closed Does a FORECLOSURE on a rental property qualify as a fully taxable disposition?
13 May 2024 | 0 replies

Some landlords find themselves in a precarious situation when their rental properties consistently generate losses, leading to financial strain. In dire circumstances, this strain can escalate to foreclosure proceedin...

Steve Scherrer Re-plumb: Expense or Depreciation?
23 October 2015 | 3 replies

My rental condo is at a point where I need to replace the water supply lines in the unit.  The existing plumbing are the old polybutylene pipes that become brittle over time (30ish years) and are prone to developing l...

David Garcia Checkbook LLC Operating Agreement Importance
31 May 2023 | 2 replies

Hello all,I am looking to create a checkbook LLC to start investing in tax deed auctions within my Self Directed Roth IRA.  *I understand whatever advice given will not constitute as legal advice and, consultation wit...

Trey Pryce Is the MLS dead!! Or what is your weapon of choice lol
19 August 2017 | 3 replies

Hey everyone, soon I will have access to the MLS and was just wondering how many of you are still finding solid deals on there? I know it's different for each state but at least I will have an idea of how well some ar...

Adrian Butler Income Tax for REI income - reinvest into properties (Texas)
31 August 2016 | 3 replies

Yes, great question for my tax accountant.  I am working to closing my first REI deal and will not be relying on this property for income purposes.  I have scoured the forum for this specific question and do not see i...