My wife and I bought our second rental property last fall - a 4-plex. I’ve been hearing about taking the bonus depreciation and while it sounds like it would be a great strategy if we were full-time real estate profe...
Hi, I am new into this whole IRA thing and need some education on the concept of self directed Roth IRA and self directed tranditional IRA. Please correct me if I misunderstand any of these concept.For self-directed R...
Hi everyone!I have a goal to purchase a duplex or triplex in Cape Coral Florida in 18-24 months to house hack. At my current savings rate I won't have enough liquid funds for the 5% down payment for a conventional loa...
I have a current 457B plan which I am permitted to self-direct through a brokerage account at Charles Schwab. However, I cannot roll it over to a self-directed IRA while I am still a State employee.I have already tak...
Hey everyone! I'm looking for some advice in regards to a property I recently found. The property is listed for $137,000 and I would be purchasing it as an investment property. So, 30% or so down payment. I don't have...
Good afternoon,I'm just getting started in real estate investing and I'd like to know opinion on creating an LLC for the purpose of limiting liability on these houses. 1. Is it possible to create a parent LLCs and hav...
I have a 457B Plan and would like to know if I am eligible under the CARES Act as a real estate investor to withdraw $100,000 from my 457B Plan. Assuming My State job is unaffected by COVID-19, does anyone know if I ...
Hi. Does anyone have experience with using 401k for RE investing?
Hi there,
I'm about to close on my first property (6 doors) and am realizing that I don't know how to collect rent in a convenient fashion for the tenants. I have been told to use Baselane so that they can ACH transf...
Hello. Is there a way to utilize part of my Traditional IRA funds as a down payment on a SFH investment property without being penalized?