Jess Archives
Partnership Brainstorming Checklist
BiggerPockets QuestionsPartnership Structure/Accounting ChecklistHi all I understand the advice you may give is an opinion. I’m curious on what they maybeI was wondering if my ideas to form a partnership structure mak...
Aaron Friberg
How to Structure a Promote from a Tax Perspective
Hi all. We are doing our first flip where we are partnering with other investors. We've established an LLC. We found the deal and are managing the construction so the business deal is we take 25% of the profits off th...
John R ables
Seller financing property that I own in my IRA
I own 8 properties in a self directed IRA. I am interested in selling one or more, but I want to carry the paper for a continued income stream. My questions are as follows:How would the transaction be handled from a p...
Account Closed
I have a property and a friendly investor with an Inherited IRA.
Hi All,I need advice. I have my first friendly private investor who has not done this before so he and I are trying to figure out how to make this deal close. He has an inherited IRA and is willing to lend to me with ...
Joe T.
Double taxed by paying yourself through LLC?
When you pay yourself through your LLC do you end up getting taxed twice?(first time for LLC earning the money, through rent for example, then the second time when you pay yourself a salary)I feel like there should be...
Mark S.
Leaving Funds to be ”Accrued” w Operator/Syndicator SD-Roth IRA
I own a couple of cacao parcels as part of an agricultural opportunity/syndication inside my Self-Directed Roth IRA. The SD Roth IRA owns the physical parcels (not a fund), but turnkey managed, syndication style with...
Beth Ryan
1031 Exchange replacement property
Is there a safe recession proof area likely to multi units/4 plexes apartments in San Antonio? Any ideas?
George P.
Being flagged as a 'Dealer' by IRS - for this strategy?
Business entity - one member LLC
Strategy: contract assignment and contract assignment with short-term (one year or less) financing provided by the entity to the end buyer/rehabber.
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Rich Hupper
Two flips this year how to avoid self employment tax
HiI bought two properties this year and sold them for a profit. It is my understanding the profit from those flips will be treated as active income and subject to self employment tax. However I didn't even lift a fing...
Scott S.
Grant Cardone Capital suspending distributions to all investors
Just heard Grant Cardone (Cardone Capital) is suspending distributions to investors for April, May and June. Not surprised. REIT sector is getting decimated. Lots of margin calls and dividend cuts and suspensions ...