Hello Bigger Pockets folks
I am new to real estate and plan to invest in the market a year from now (when I am financially better on paper). I am currently working on my education and my finances. However, in the me...
If I have funds from a 10-99 and a K-1 and I planned on investing those funds into real estate, would I still have to pay taxes on those funds?Example: I have a real estate holdings/property management LLC and bank ac...
Hello Everyone,Im not sure if this is a stupid question to ask, but I am generally curious about the subject and would like to know what is the best step to take. Should I cancel my 401k?To give you a little backgroun...
Hi BP community, I have 403b from an old employer that I want to use to invest in RE. There is just under 100k in this account and when looking to withdraw the money, I was told I would incur over 30k on fees and pena...
I'm looking for any recommendations for a good CPA/tax pro in the Treasure Valley. I need someone who is well versed in business taxes as they pertain to multiple LLCs and real estate, as well as a good working knowle...
So I am in the early stages of applying for my first commercial loan. I just got a 5 unit multi family under contract yesterday, and I want to make sure I take the best steps in order to give myself the best chance o...
The way I see it, there are basically two ways to use an IRA to finance investments:1) Have the IRA "buy" the property and ALL income and expenses are paid to/from the IRA. If financing is used in the purchase of t...
Hi, First thank you for taking the time to respond to my post. I have an IRA and it has about $55k in it and i was wanting to use that to invest in real estate. Is their anyway i can withdraw without tax penalties? I ...
Hi everyone,
I am writing this because of the wealth of information here on BP. I am a new Realtor out of Northern NJ. I plan to work heavily with investors in the area. Background: I have a few investors I'm workin...
I am planning on purchasing foreign property using equity crowdfunding funding. Proportional equity share would be issued to investors and fundraiser which purchase the property in the fundraisers’ name. However, is i...