Gayatri Martin
Roth checkbook LLC NJ/NY
HI, I have read many questions and replies that have been helpful.
I live in NYC and BroadFinancial opened the business in NJ. "open a checking account at the bank of your choice." Is not true. They want to know wha...
Stanley E.
Mastermind Group CPA Interviews
Hi BP. I am beginning interviewing CPAs next week. I curently use my Self-directed IRA to purchase RE, but I am planning to transition some of my REI purchases under my LLC. What are some of the questions that I shoul...
Deane Jaeger
How to lose money in tax liens
Purchasing OTC tax liens can be fun but here are two examples of how to lose money when a purchased tax lien is redeemed.
Mohave and Maricopa Counties in Az both charge administrative fees that must be paid by the pur...
Derek Buescher
Multifamily Expenses
I am looking to start investing in multifamily properties. I have set up my proforma spreadsheet and I am pretty sure the calculations are correct. When I evaluate properties what are all the expenses associated wit...
Randy Marshall
Should or how can I use my 401K for my first deal?
I've currently got a 401k with my full time employer (also part time RE agent). About 2 years ago I decided to change my allocations to Roth 401k. However, 8 years of automatic enrollment had me in the pre-tax plan an...
Mary Jay
What is the best entity to hold real estate- taxation wise?
Hey guys, Could you please help me out?Lets say I have one paid off property, if I put it into a trust- taxes seem pretty high...So its a no go...1) If I put it into a one member LLC then taxes are paid by the LLC own...
Kwanza P.
Anyone with success setting up and then investing in real estate via an LLC/IRA?
Anyone with success setting up and then investing in real estate via an LLC/IRA?
Chad Coleman
Advice on bidding on Deceased Owner Property at Trustee Sale (County Steps Auction)
Hello all:I am interested in bidding on foreclosure property but did a quick research and found that the owner is deceased 6 months ago and no probate case in currently open, the deceased owner was a single person per...
Sam Ven
401(k) 60 days rule
Hello,
I am looking for short term cash options for a foreclosure investment. I have 401k from my previous employer( I do have 401k with current employer as well). A friend of mine recommended to do a roll over and t...
Justin Howe
Probate Leads - How to find Property Address
Hello,I've found several probate cases and look it up online but I can't find an address for the PR or deceased. How do I find the address?I found names, case numbers, personal rep names, and document dates but I can'...