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...
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...
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...
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
Hi, does anyone know the tax porcentage on long term rental income for Miami FL?
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...