Richard Chagnon
Retirement account dilemma
I am new to real estate investing (I have yet to buy my first property) and not a lot on money on hand. I do however have a retirement account with approximately $235,000 in it from a company I no longer work for. ...
Peter J Donaldson
Yet another 2 out of 5 year Primary/Rental Ratio question (sorry)
Ok, I have read all the IRS publications and seen many forum answers on this basic subject and I THINK I now have an answer from IRS publication 523 but would like confirmation if possible as I think I have a quite ra...
Step Stheph
Can I develop the lots under my primary residence ?
Hello all and thank you so much for maintaining such informative site. I am in TN and live in a home with its yard that turns out contains 4 lots. These lots just need to be reinstated and can be built on, a home on e...
Travis Bill
Tax advice please
Background. I'm 23, work in the oilfield. I work rotationaly. 2 weeks on 1 week off. Making about 140k. Primary residence is currently where I rent in nd, I head back home out of state on days off. I recently bought m...
Jack B.
Anybody ever done an irrevocable trust?
So I'm considering retaining an attorney to create a Wyoming Irrevocable Trust to protect some of my assets.
My rental properties are mortgaged so I can't put them in there, but I want to put money in an account in t...
Julie Washburn
Question about short term rental management commissions
I would love to hear from others how their short term rental management commissions are set up. The manager for my short term rental charges 30% of gross revenue. However, they include municipal taxes and fees as part...
Martha Daisley
Solo 401k checking account
HelloI have a self directed solo 40lk for which i am the plan administrator. I am looking to open a checking account in the name of the solo 401k so i can have check writing ability. Im told Wells fargo can open this ...
Tanner Gish
Self-Directed IRA and Self Dealing
Hey Friends, There is probably some seminole BP thread that asnwers this already, but I haven't found it yet. My account just put a damper on my plans to fund a Self Directed IRA this month with a 2015 max contribut...
Christopher Romeo
Using 401K to invest in RE
Does anyone have any insight on the transfer of a 401K from a previous job to use as a down payment on a RE investment? Is it possible to transfer it to a Self Directed IRA and use that on a possible House Hack or Fl...
Mark Ross
Picking a Self Directed IRA custodian
Having trouble pulling the trigger on who to roll over my 401(k) to, for a self-directed IRA, so that I can purchase another property. Since the big box investment companies and banks don’t do self-directed IRA when ...