I'm thinking of moving my IRA to an SDIRA. It seems these company's are the dominant two in the business. Does anyone know what the prose and cons of either of them are? Thanks.
Hi,Checking if anyone has any recommendations on how to go about setting up llc and how it impacts personal loans for the same. Looking any recommendations for companies that help setup llc For properties in Dallas ar...
I have done lots of reading around here about folks using QuickBooks for their rentals. I am interested in doing something similar, but I’m not sure I understand the capabilities of the different versions and how thin...
Hello - I'm setting up an IRA/LLC, and I have my money transferred to a custodian (IRA Services Trust Company), I have setup a few llc's before so I'm doing this part myself. Is the trust company listed as owner and ...
Hi BP members,Anyone know why certain states are excluded from RE investment in SDIRA account? My state is on the list.Is Checkbook IRA breaking IRS rule in any way? It is offered as a way to bypass buying RE in SDI...
Hi,I have formed a holding/parent LLC company and a subsidiary/operating LLC company which is 100% owned by the holding/parent LLC. The idea is to buy rental property in the name of the subsidiary/operating LLC.I was...
Thanks for reading this post.I understand that setting up an LLC is not required in RE, and if anything it can be a pain to file returns depending on how you set up your LLC's.However, I am looking at a couple of prop...
Hi everyone, I am new to STRs and will be closing on a property this week. I am trying to research the most efficient ways to have an airbnb property furnished and ready to go remotely (different state). Love to see w...
I'm considering setting up my LLCs in Series and one thing I'm interested in doing is getting separate credit cards for each additional series. Can I do that or do I need everything under the parent LLC? Thank you!
Hello to the Community.
I'm really confused. So although the common wisdom or recommendation is to talk to a lawyer (which I did) I'm getting conflicting advice on this whole issue of Wyoming LLCs and the level of ...