Patrick Hall
Self Directed 401K Taxation of Rental Income
I am looking for some initial advice (prior to hearing from my CPA) concerning the use of a self directed 401k to purchase and operated a multifamily real estate unit. My primary question is one of "business" or "com...
Jared Saunders
3 to 44 units in less than a years time at 22 years old.
I've recently felt very compelled to start contributing to BP more, so here is my follow up from my last post I put out 10 months ago titled "Quit my job at 21 years old to become a real estate investor". I would like...
Nicholas Lemmond
Fighting fear of failure, or jump in?
Hello All,First post on BP and I'm so glad to be here! I'm looking forward to beginning my REI journey and haveing y'all in my back pocket to help and answer questions!So, a little background on me - I will be exiting...
Joseph Cameron
What Is Your Lead Focus?
Getting ahead of yourself is easy in any new business especially one with so many avenues and opportunities. As someone that likes to take action, I find myself potentially moving in every direction - achieving very l...
Eddie Ziv
Rush Limbaugh is the new expert on health care!!!
Good 'ol Rush came out the hospital in Hawaii straight for a press conference to declare that there is nothing wrong with our health care system and he is the evidence of it. Coming from a man who makes millions of do...
Jim Johnson
Legal / Illegal / Right / Wrong / Laws / Ethics / Morals
I want to open a topic that is based more in purpose than product. The 'why' we do things. On most boards I see people asking what is legal and illegal. While that is a worthy topic, I am perplexed to note that seldom...
Michael Plaks
Explained: Tax consequences of K-1 syndications
Introduction
This complex topic has been discussed on many BP threads, with persistent misunderstandings and misrepresentations. Many investors fail to grasp the fundamental principle of taxation: you cannot, based o...
Eric Wong
Is it possible to cash out refinance free and clear investment properties?
Hi! I used a HELOC to purchase two SFH around ~250k each as cash deals about 2 years ago. Are there any options for me to get a fixed rate loan on each SFH so I can pay back my HELOC. The interest rate on the HELOC is...
Juan Pablo Murillo
How Many Deals Before First Syndication?
Hello BPers,For those of you who have become syndicators, I'm assuming at some point you started as an independent investor. How many personal deals did you do before your first syndication? Did you rely mostly on fam...
Chris Martin
Being invisible
From another BP post I saw this comment:
"No matter if you have your proprieties in a LLC, CORP it is not hard to find out who the owner of the LLC, CORP is. I am no expert but doing normal business hours it ...