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Hi all,I'm about to start a self directed IRA with kingdom and they require verbiage towards 26 USC 408, and 26 USC 4975. Anybody have a sample of this?
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I guess the old question . which is the better money maker? Rentingrehabbing and sellingflipping .. (minor to no rehabbing)
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Hi BP family! I am currently reading Real Estate investing 101 and the author advises against owning investment properties in your own name & recommends setting up an LLC as a form of personal asset protection. I ...
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Can someone point me to the statute or documents explaining the requirements that should be met by a trustee of a Florida Land Trust (F.S. 689.071) who is not a natural person (ie LLC, Corp, trust, etc...).I remember ...
Hi Everyone,My 2 [artners and I are actively looking for our first property to flip. We're going with a hard money loan (we have a few lenders to choose from), and we have plenty of cash, assets etc. I'm the one putt...
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Hello all,Our Illinois-organized LLC is closing on its first out-of-state property (Michigan) later this month. It is planned as a rental. Does anyone hold property here through a foreign (non-Michigan) LLC?Did you re...
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BP Community! Mesa Arizona is booming!-JaredMesa, AZ – Today, CAVU Aerospace, one of the world’s leading providers of aircraft disassembly, aircraft recycling, asset management and MRO repairs, announced it will locat...
Hi All, I just recently bought a condo with the idea of turning it into a cash flow property. It's in a lower income area of houston, and i'm having trouble getting it rented out. Does anyone have any suggestions on w...
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Hi all!New BP member here and excited to learn from you all. In 2009, I bought a townhouse in California for $590K.Today, that house is worth about $1.4M, and I owe $370K on it.It's bringing in $4,500/mo, but after $2...
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This is a weird and possibly illegal activity. I won a $50,000 judgment against someone. His only asset is his house. He has a first and second mortgage and he knew that I was going to put a judgment lien against h...