Jose Hooker
Self Directed IRA questions
I am in the process of transferring my 401K funds to a SDIRA. I understand I can transfer my funds to a SDIRA. Do you know someone locally who I can get in touch? I am looking to use the cash to purchase my first pro...
David Morgan
Self-directed Roth 401(k) questions
I have a few questions about investing in real estate with a Roth 401(k):
1.) If at age 45 I buy a vacation rental, and at age 59.5 I want to start using it for family vacations, would I first need to distribute the ...
Fermin G.
S Corp Employed and Obtaining Mortagegs
Good afternoon, if we form an S Corp and start paying ourselves a salary out of the S Corp will that be satisfactory for the banks when they want to see consistent pay stubs and W2's. Will the formation of an S Corp ...
Donald M. Davis
Recommendations on best checkbook self-directed IRA custodians
I am interested in using my current IRA funds without tax consequences of early withdrawal. Iam curious what custodians are recommended for checkbook self-directed IRA's. Looking for those who have or are currently...
Jorge Caicedo
PRIVATE LENDER'S SELF DIRECTED IRA..NEED SOME CLARITY HERE..
Ok, I've read that many private lenders lend out of their self directed IRA's to investor's for a return on their money..However I came across this article and now I'm totally confused..Self Directed IRA companies ...
Davidson Francois
What’s the purpose of an LLC???
I’m still learning the financing part of the real estate business but can anyone help me understand the llc aspect of real estate? What’s the person of having a llc when from my understanding you won’t be able to appl...
Andrew D.
LLC partnership advice
Hi BP folks,
I just got an accepted offer last week on a several hundred acre recreational property in NY (raw, vacant, riverfront/forest land), and we're should have a signed contract this week (with a 60 da...
Coleman Nelson
Tax Implications of Equity in LLC in exchange for Sweat Equity?
I am partnering up with a couple guys who have a successful rental real estate business. I will become a member of their LLC in exchange for the work that I will be performing managing all of the rental properties. ...
Jonathan Drago
What is the best legal entity to obtain for flipping houses in FL?
Hi Everyone!I am new to the home flipping industry in Tampa Bay and am seeking feedback on which type of business entity I should pursue. I am obviously looking to maximize my coverages and protection, while minimize ...
Tim W.
When to LLC
Newbie wondering at what point does an investor decide to form an LLC?