Can experienced people share some experience for the tax of self-directed IRA properties?1) If not sale the property, how to pay off the self-directed IRA purchased SFR tax? 2) To pay off the tax once, it is too much....
hey BP, just had a quick question; I have 2 properties now. 1 being a primary residence and 1 being a rental. I am super excited for the future and cant wait to get more into owner financing and buying some multi-fami...
How do you know if IRS tags you as a dealer. Every information out there is only talking about the differences between a dealer and investor. No one is really talking about the actual process. How do you know your cur...
We are looking at a live-in flip and want to make sure we're able to write off all the improvement expenses when we sell it. Is it best to have the property in an LLC or our personal names? I wasn't sure if we'd be ...
I'm purchasing properties titled in an LLC using personal cash. I won't be able to get much capital out, if any, beyond the purchase price + cc. Realizing that there is generally a big difference in interest rates bet...
Hello BP Community,I'm exploring options for a commercial property in Long Beach, CA currently held in a living trust. I've noticed many investors choose to transfer such properties to an LLC for legal reasons. If a p...
I’m selling a property held in a single entity LLC and want to 1031 into a vacation rental. I am looking at DSCR loans for the new property but not sure what kind of loans are allowed in a 1031. Is seller finance allo...
We are approaching allowable IRA distribution age and have multiple rental properties all with taxable cap gains and no mortgages
We have taken a second rental as primary residence now but why sell at this point in ...
I am starting a list of all of the online auction sites for tax lien properties. I have used or am familiar with the ones I listed below. If you know of other online auction sites for tax liens please post, thanks! Ci...
There's a building I'm planning to purchase next week using the proceeds from the sales of stock. Has anyone done this? I have a meeting with my accountant next week to discuss, but I wanted to reach out and get feedb...