I am wanting to move an IRA rollover into a self-directed IRA and I have a couple of questions I need help with.
By the way, I am thinking of using it for tax liens and/or private lending.
1) Do I need to set up an LL...
I have been reading a book called the bankers code It talks about becoming the bank and using lines of credit from a bank to then do private lending.If anyone is actually doing this and could give me some input about ...
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
If a property owner dies with no heirs or next of kin, what happens to the property? Does it go into probate?
Did you know you know that while the Employee Retention Tax Credit officially ended in 2021, you can still claim this tax credit?
First off, what is ERTC? The Employee Retention Tax Credit is a tax benefit that is fu...
Hi Everyone - I'm looking for some advice on how to report my 2017 taxes as it relates to rehabbing expenses.I just finished renovating a single-family house that I purchased at the end of July 2017. I own the propert...
Hello, fellow bigger pocketers. I'm trying to weigh out my options on whether or not to do a 1031 exchange on the planned sale of a duplex I am about to list. I estimate that we will be on the hook for approx $100K in...
There have been many rumors from various sources recently about limiting the 1031 tax-deferred exchange. Now we see that the President wants to eliminate all tax deductions, except for mortgage interest and charitable...
What are your experiences and thoughts on crowdfunding investing for real estate, for example Fundrise, Realty-shares and fund that flip?
Below are the numbers of a deal I am looking at. I would really appreciate any feedback you could offer.Purchase price: $470,000 (cash)Less Vacancy: $8,793Total rental income: $66,645Plus utility income: $8,500Effect...