My first time posting but this was a flip we completed earlier in the year. This property was a mess. Room additions made by the owner, some rooms were permitted and some werent, owner built an underground bomb shelte...

Hello BP,I’ve read in a variety of places on these forums that it is financially more advantageous to own real estate in your own name as opposed to your solo 401k. Let it be said that I’ve primarily interested in sma...

All, I've read there are better tax advantages for using an LLC for rentals and an S-Corp for flipping.  I have had an LLC and recently set up an S-Corp to start doing rehabs.  I like the control features of the Solo ...

Hello  I have a 401k worth 250000 and I am retiring from company> Im 55 years old and want to buy some rental properties for my 2 kids to rent from me.. I need the income from the rental properties now and was cons...

Here's the sitch-
I have a traditional 401k from a previous employer that I haven't touched since starting a new job with a new 401k. Instead of rolling it over to my new employer, I was hoping to convert it to a sol...

I'm a new member here on the forum and have a couple questions about SDIRAs and SD-401ks. I'm just starting my career as an active duty military member but I also independent contractor work as a flight instructor...

Hi GuysMy dad and I are 50/50 Managing Members of an LLC (filed as "Partnership"). He is 62 and I'm 42.  A couple of years ago we just paid-off our bank loan, reduced our operating expenses to a bare minimum and are r...

A key component of my real estate strategy involved cost seg studies, claiming REPs and accelerated depreciation to shelter a large amount of active income. However, I've been speaking with a couple companies and gett...

I've been told that the IRS requires you to depreciate a residential rental even if it is in an IRA but you do not get to take the deduction. And, I'm told that you recapture the depreciation at 25% when you sell the ...

Hi all, After 9 months, the house I bought at a tax sale is finally empty, thanks to a court decision and lawyer fees. Sadly, it's not over yet. While I got my house, I also got 1000's of pounds of junk and approximat...