IRA/401k plans as they relate to self direction/self administered has been a hot topic lately and as such, I would like to attempt to get a consensus on experienced investors' perspectives to the following question:
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I was talking with the guy at MySolo401K about trying to open a Solo 401K. I have a Sole proprietor LLC since 2009 where I was doing consulting and training. My business did really well, but almost 2 years ago, I star...
Hi, we're working to buy our first multi-family property by July of this year. If there's already a thread addressing this issue, please point me in the right direction. Is it more beneficial to start a LLC and purcha...
Hi guys,Could you please help me out?Everybody keeps saying how if a husband and a wife own an LLC it is still considered as one member LLC. Also, its easy to pierce the corporate veil of one member LLC, and courts ...
Good idea? Where would you handle most expenses? Divide them out or under one specific Llc example.. Gas to drive to the property and lawn equipment to maintain the property along with other home office expenses.
Hi all! We are needing to relocate quickly for a job transfer out of state. Our home is 2 years old, has some upgrades, is on a lake, in a wonderful school district and is about 2 miles from the beach. We had a lot of...
Hey everyone,I'm starting a wholesaling business In New York and just formed an LLC. I've been doing some research regarding the legality of it and I'm a bit concerned. A lot of the forums I read seem to deal with thi...
I'm about to go straight from renter to triplex owner-occupant. I'm an exceptionally fast learner and have at least average coordination, so I love the idea of learning to do as many things as possible myself.
If I w...
Good morning BiggerPocketers,I have a degree in construction management and currently a construction Project Manager for a drywall company. I have done projects anywhere from a 42 stories luxury high rise, luxury reta...
I like to use Net Present Value when evaluating deals, but I don't see it a lot on this forum or other real estate evaluations. Can anyone shed some light on why not to use it?