Ari Newman
Is this a Prohibited Transaction??
I'm hoping someone could provide clarity on a potential prohibited transaction inside a retirement account. (For this example, a Coverdell Education Savings Account, CESA) I'm basically trying to purchase and then r...
Emmanuel Ramos
Advise on structure and bank accounts
Partners, I would like your opinion on the following:1. Wyoming LLC with TWO Members is a holding company2. The WY LLC owns LLCs in different states. Each LLC holds a real estate asset with a buy & hold strategy...
Account Closed
Need Help Wholesaling
People of BP, I'm having trouble trying to Wholesale, i know what i'm doing far as setting up Contracts and all that, its more of finding Motivated Sellers of properties, every time i search for a property that's for ...
Hendrix P.
MY TEAM...
I am planning buying my first investment property and would like to know what key people (broker, agent, etc) I should have lined up before I purchase. Who should be on the team?
Also, I know I need a CPA, should tha...
Charles David
Condo Association Board of Directors / Advice for new guy... ME!!
HELLO BP Family. Today the Condo Association I am a member of had the annual elections. I volunteered and got elected as the Treasurer of the Board. I have attended the annual meetings before but have never been in...
Edward C.
401K or IRA?
I looking at to get started on a 5 to 6 month rehab project with a high pay out at the end. If I needed to, and as long as the 401K allows lending against it, would I be able to use a 401K loan as a bridge loan for ab...
Patrick Crehan
Wanting to start a property management company but do not have a brokerage license?
So me and my friend have been investing in real estate for a few years now. We have been in the talks about starting a property management company.
I have my real estate license but have read that you will need a br...
Bienes Raices
Separate bank acct for each security deposit, or one acct. for all security deposits?
The law in my state is vague. It says you must create a separate account for the security deposit, and you can't mingle it with your own money.
I was thinking of creating one bank account for the security accounts of...
Anjum Yaseen
Rental Security Deposit- Trust account or just dedicated saving account
Hi,Do I need to put my tenant’s security deposit in trust account or do I just simply open a separate dedicated account for security deposit and put the deposit there?Thanks in Advance
Dave Kapsack
Where to hire an accountant
Hi Everyone,For a Long Distance out of state investor where would you recommend looking for an accountant . The state you are investing in or the state you live in?