I was recently told by my financial advisor that retirement accounts are lawsuit proof, does the same apply for a self directed account that is invested in real estate, or will the type of investment open you up to li...
I wish to start an IRA LLC with two bank accounts. One with pre-tax funds from a 401k roll-over and the other with post-tax funds from a ROTH IRA. Does the IRS require two separate LLC's to manage the pre and post t...
Hi BP!I hope all is going well for everyone. I came across a situation and thought I'd use my favorite source for direction:The owner of the house passed away over 15 years ago and name was on title/mortgage. The su...
If I flip a property can I put of paying capital gains by doing a 1031 exchange and buying a new property to flip within 45 days? Secondly, if I do this for two years will I be taxed at the long term capital gains rat...
Wanting to buy a house with my brother to start acquiring houses. He is able to move every 12 to 16 months. He will be living there as he rehabs the property. I am married, and my wife does not want to have anything t...
Hi Everyone,I'm in the process of buying my first Land Contract through Paperstac and had a few questions. The property is in Ohio, and I have a house a block away and drove by the property yesterday. Everything loo...
Hello everyone! We have a deal that we are evaluating and need some thoughts/feedback on what we could be missing or looking at incorrectly. The numbers are great, but there are a few risks involved too.Looking for th...
I haven't seen much if any discussion of this type of funding anywhere on the site or forums so I wondered if anyone had experience. It seems like it could be a good method to fund BRRRR properties in lieu of hard mo...
Can anyone tell me where to get an accredited investor form?
My husband and I have lived in our home for 10 years and would net over 100K when all is said and done if we sold our home. We are at an impass and wondering if we should sell and start flipping or get a HELOC. We wou...