Lazar Hausman
Concerns about self dealing in a self directed ira
Unfortunately, I lost my Mom a few years. As a result, I have a beneficiary roth ira. This is a great asset because any profits are tax free and distributions are not penalized or taxed. It is currently self-direct...
Nate Marshall
More Efficient, Effective and Ethical Wholesaling
1. Executive Summary:
Briefly introduce your real estate wholesaling business, emphasizing its unique approach.Highlight the use of Earnest Money Deposit (EMD) loans and efficient double closing strategies.
2. Busin...
Mike Williams
Direct with Owner Transactions - as an Agent (not permitted)? eXP
I am Real Estate Investor and Landlord that has made regular direct with seller off market residential purchases for buy and hold purposes over the past year and plan to continue to do so for the years to come (approx...
Mark Hu
Good idea to create direct deposit account for rent payments?
I've been thinking about a creating a direct deposit account to accept rent directly from tenant checking accounts to mine. I would have to give those tenants using direct deposit the account number. It would save...
Ian S.
Should I get a virtual mailbox for my non-LLC rentals?
Hi, since I live in California, an LLC is not a viable option for me for my out of state rentals (9 of them, mostly B/C). They are all managed by a property manager. It bothers me however that for my tenants it is so...
Yinan Q.
Can you count your own labor for repairs toward expenses?
If you do some maintenances on your rental property, such as fixing a clogged toilet, replacing a broken door, etc., can you count your own labor as expenses?
Thanks
Noam Birnbaum
Alternatives to Quickbooks for financial records?
Hey y'all,I've been running a small (non-R.E.) business for many years, so I'm no stranger to what it takes to manage a small business's finances. I'm also no stranger to Quickbooks, because that's what I've used for ...
Ozzy Smith
Wholesales using my IRA
I am trying a new (to me) strategy and would like some input.I am currently searching for deals for some out of state investors and I am looking to wholesale them the deal once I get it under contract. This strategy ...
Ehab Tadrous
Trading as an LLC
If i am buying and flipping houses or doing all my transactions using my established LLC , do i have to have it registered with the IRS and have an EIN number ?I also have to have all the money spent out of a business...
Vikram C.
principle vs principal
I have been seeing a lot of posts where the word principal is mis-spelled as principle. I would normally ignore spelling mistakes but wanted to post this because this is an important word in REI and would affect othe...