Is it better to use a simple interest business loan with a 48 - 74 month term to get started or use hard money to fund deal by deal? I am a newbie and working on my first investing deal. It just seems counterproductiv...
My partner and I (we own an LLC) are looking to purchase investment property together. We will be transferring into a Solo 401k our separate 401K accounts that were established at prior jobs. Can someone explain if...
Hello BP Community!Can somebody please educate me on this topic below? Your help will be greatly appreciated.Can I withdraw money from my IRA account for a rental property? If so, what are the requirements for it? My ...
Setting: We just had a development project die when our commercial appraisal came back at 50% of what we were expecting. We were going to build a new triplex on the same lot as an existing 4-plex that has a mix of lo...
We need to fill out From 3115 as depreciation was not claimed for five years on our property. Besides having a CPA do our entire taxes is there assistance with just this form anyone knows of?
I am an foreign investor looking to buy my first rental investment in Memphis. To get started I want to set up an LLC and ensure its setup properly to avoid getting double taxed in New Zealand. Any recommendations fro...
I'm an experienced architect, and have bought and sold a couple of homes for my wife and I. The first of these was a slow flip (3 years) that we lived in while we rehabbed. Got lucky, and even though we made a ton of ...
I'm a newbie to BiggerPockets. I'm looking for other likeminded folks, YOU! I'm interested in investing in rental properties, partnerships, Brrrr, building cash flow through real estate investing and learning more abo...
I’ve posted a little bit but haven’t introduced myself yet. I’ve been reading and pouring through the forums for a month or two now. Just absorbing information and trying to wrap my head around everything but now it’s...
There were 2 commenters after this podcast, but no responses from anyone about their issues.In the podcast, it was not clear whether the person interviewed violated IRS rules about using self-directed retirement monie...