I was listening to a webinar replay that briefly touched on hypothecation to recapitalize from performing notes to increase speed of building a portfolio. It seemed the overall focus of the call was on SDIRAs, but the...
I currently have a LLC registered in the state of Illinois. If I were to buy an out of state property, what's the best way to go about holding that property? Can I hold it in my Illinois registered LLC or should I cre...
I've always heard that I should use a corporation to reduce self-employment taxes while doing fix-n-flips. However, I've heard that you only need to pay high SE taxes up to $130k. If my W2 Salary is $130k+, then my ...
Welcome Everyone,I'm a new BP member and a novice Real Estate investor. I'm determined to move my IRA funds from traditional to self directed accounts. I was hoping fellow members of this forum would be able to help m...
Forgive my lack of knowledge and my naivety but I'm a beginner.My friend and I are both 19 and we wants to start flipping properties and investing into rental properties. We both have around 12k in debt combined, from...
Hey guys,I read about something regarding this on the internet, where investors can broker rent to own lease options between buyer and seller. I was interested in finding out some more information on how to start this...
If someone purchases an LLC (that owns the real estate) as opposed to purchasing the real estate, is there a tax implication regarding my ability to depreciate the LLC's Assets. For example, if the prior owner has de...
RECPATAXMAN,
If you could go into a little more detail on this S-corp SE savings.
I'm not clear on how the end of year dist. will be excluded of S.E. tax.
I'm currently interviewing Atty's to setup my first LLC an...
Question for people out there, if I wanted to invest some solo 401k money in a startup LLC that I know someone is considering starting up (who is not considered a disqualified person), can I?Secondly if the answer is ...
Hello,
I currently live in Austin and am looking to rent by house out. I was approached by someone who has a corporate housing client. They would apply just like any other tenant and provide any financials needed to...