Account Closed
Ask me questions on Real Estate Tax Strategy or Investing. Answering all Questions.
As a specialized real estate CPA serving investors nationwide, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your renta...
Sunny C.
Self directed Ira and partner
I have a self-directed IRA and we have found a property that I need to rehab as my self-directed IRA does not have sufficient funds I have entered into a partnership with an individual and we are going to go 50 50. On...
Otis Clayton
How do closing agents fund private money deals?
In my search for private money , I have heard there people use SDIRAs to fund real estate investments and be in the first position.I wanted to know what are the pros and cons of using SDIRAs for fund Real estate?
Matt Rodak
Hard Money, Personal Funds, Bank, Individual Investor...Which do you prefer for a flip?
Hello,
I'm entering into the world of residential home flipping and wanted to get all of your thoughts on what you prefer when financing the deal.
Hard Money?
Use your own capital?
Bank?
...
Joe Schultz
IRA OWNS RENTALS, NOW 59 1/2. CAN I NOW MIX FUNDS W/PERSONAL
I just turned 59 1/2 can I now take money out of my self-directed IRA (SEP) without any penalty?
If I do, does this require taking social security as retirement? Are there any consequences?Do I need to wait until I ...
John Jacobson
Impact of personal loan on mortgage application, if I already have down payment funds
Hi everyone. I am looking to buy a $500k property, and I have over $100k in savings (i.e. the 20% down payment). Will taking out a personal loan (to pay for some renovation work that I need completed shortly after I c...
Arpan Patel
Refinancing loans held by Retirement Plans
Hey all,I'm a bit newer to bigger pockets as an active member and I had a question concerning retirement plans and leverage. If a retirement plan owns a rental property (say 5+ units) - leveraged with a non recourse l...
Chad C.
Using Self Directed IRA to purchase property???
Hi BP,
Got a quick question for those experienced w/ Self Directed IRAs...
I am looking to purchase my 3rd apt complex. I already put down 10% and started looking for a lender... However it looks like my D/I is slig...
Kaaren Hall
Invested in a House with Your SDIRA? Remember to Keep a Cash Reserve.
After you have invested using your self-directed account, you might wonder about the next steps to take. Importantly, it's crucial to be aware that a lack of available cash in your Self-Directed account can expose you...
Jeff Ju
How to calculate net of investing personally vs. defined benefit
I've found so much contradicting information online and through the hired professionals that handle my taxes. I am hoping that someone here can provide a more reliable answer. I have a well-funded defined benefit pens...