Hey guys, been setting up my LLC this week. Want to open a business account in the LLC's name. My understanding is I need to get a tax number. Do I get this from the IRS or from the state of North Carolina? Anythi...

So I recently purchased another rental property (3bed, 2bth, built 2003, ~1300sqft). I purchased it for cash for $68K (tenant occupied, will get to this later). I put about ~$3k into the rehab and about 2-3 weeks star...

I have a house that every month the person is late.  I charge late fees and so far he has paid them.  But he is still late VERY LATE every month.  I am continually running into trouble because I have to hound this guy...

I've been reading up on the Self-Directed IRA, and from what I've found is that any cash flow/profit goes back into the SD-IRA. How does one legally obtain funds from a SD-IRA for basic living expenses if the purpose ...

I have an opinion on wholesalers. One that may be unpopular (or maybe very popular). Wholesalers, are fantastic, motivated, and hard working individuals and have skills that a lot of real estate agents don't have. The...

When using a self directed IRA as a down payment on a rental property, I'm understanding that any cash flow can't be touched for personal use (if that's not the case please chime in). What happens then if you wanted t...

Hey BP! I'm considering rolling my 401K from a company I left into a self-directed IRA with Equity Trust based on recommendations from several other investors. Has anyone here worked with Eq Trust before? Have you use...

Would anyone have more information on how to use a 401k for investing? I've read in the past you could use it for downpayment with less tax implications. Is that true? In general, has anyone had experience using their...

Hello. Is there a way to utilize part of my Traditional IRA funds as a down payment on a SFH investment property without being penalized?