This is basically a possible framework for my semi retirement. 5 year plan Assumptions
-My own company is building everything (except electric) and cost savings can be opportunistic on overstocks, returns etc, but m...
HiI posted earlier on the use of the SDIRA with regard to UBIT and received some very good answers that I could then go off in a direction to learn more.Upon looking over this venture and reading other peoples simila...
I have 75K in a Roth IRA that I'm considering rolling over into a SDIRA Roth Ira. I just turned 59-1/2, so could take all of that out and use it tax and penalty free without setting up a SDIRA. Would it be more adva...
Investment Info:
Single-family residence fix & flip investment in Savannah.
Purchase price: $111,788
Cash invested: $14,000
Sale price: $160,000
Purchased as primary residence, updated during...
I am looking to invest in my first property, and I was looking to buy a multifamily to house hack. I am having trouble with getting an FHA loan because I do not have a 2-year work history. I just started working at my...
So, I have my first property under contract. I'm excited about it because it offers good potential as either a flip or a rental. In deciding between the two options I'm wondering:Which strategy has more tax advantag...
I currently have about $30k in my Roth IRA. If I understand this correctly, I think I could pull out only the contributions and not be taxed and penalty free. So, would it make sense to pull out the contribution porti...
Hi, does anyone know the tax porcentage on long term rental income for Miami FL?
Greetings BP,
Has anyone used a self-directed IRA to invest in RE? If so, what was your experience? I'm considering rolling some or all of my ROTH IRA funds into a self-directed IRA to invest in RE
Hey guys, Could you please help me out?Lets say I have one paid off property, if I put it into a trust- taxes seem pretty high...So its a no go...1) If I put it into a one member LLC then taxes are paid by the LLC own...