Tino Vargas
Transfer Rental to LLC or Trust / LLC Funds
Hi BP Family,I currently own 5 units (2 properties) in my personal name. The duplex was bought with an FHA loan and 3 unit was conventional financing. I started an LLC to begin transferring them to the LLC but my bank...
Tricia O'Brien
Transferring Old IRA funds to New Solo 401K ?
If I set up a Solo 401K now, can I transfer IRA assets from an old IRA I established 2 years ago into the new 401K? I'm referring to an old IRA that holds stock mutual fund (say a Janus Fund). Or is the Solo 401K o...
Kevin Leonce
1031 Exchange and Transfer of Asset or Funds
Hello everyone,I have a foreign entity that owns a SFR and I also have a local entity. I have intentions of selling the property in the foreign entity and I want to do a 1031 exchange but ideally, I will like to trans...
Russ B.
Commercial funding - small mortgage refi, with ownership transfer
Hi all,
I'm pretty new to commercial real estate in general (I've really only done residential stuff before), so I'm wondering if someone here might be able to make a suggestion, on who to reach out to for commercial...
Joshua Minatel
Best way to pay yourself
Being a sole member LLC, what is the best way to pay yourself and not be in legal or tax trouble? All of my properties I buy are under my LLC.
Account Closed
Quickbooks: Contributing cash via bank transfer
How do you record cash contribution to a company in quickbooks when you are transferring funds from personal bank account to a business account? Do you still use "make deposits" and leave the payment method blank, or ...
JC Espinoza
Best line of credit(s)
Hello everyone! I’m looking to establish a few more lines of credit. Currently have one with Wells Fargo bank, I like it because it easy to use and make payments on the mobile app. Any recommendations on another bank ...
Tim E.
Using Plastiq for down payment
Hi, reposting this to see if others have any ideas... Hi, I am trying to transfer funds over to the title company by using Plastiq. I see many posts where others have done it before so I'm wondering how it is done. I ...
Kenneth Westervelt
Bookkeeping and House Hacking: to commingle funds or not?
Brief intro: bought a house last year, have been renting out 2 spare bedrooms. I'm thinking about setting up a separate business account to deal specifically with all house related expenses (mortgage, taxes, utilitie...
Bradley Miller
Need advice on investing with a self-directed IRA.
Currently I have a traditional IRA in my Fidelity account sitting in cash that I would like to use to invest in a cre syndication or maybe a note or debt fund... but first I would need transfer funds into a self direc...