Jim Williams
SD IRA, Real Estate, Business
Just curious about self-directed IRA's and wondering if anyone is familiar with this idea.
I set up a 401k with my self-directed IRA funds, which purchase stock in a newly-formed C-Corporation, The Corp than buys, sa...
Majid Khan
how to use your retirement funds to start LLC C or S Corp
Friends/Gurus,Can someone please advise me on how to roll over my retirement funds into a self directed account, who are financial institutions who allow self directed IRA accounts, what are the steps and should i see...
Josh P.
I'm sure stumped...
I've read that its best to flip houses through an S-corp since money made from flips counts as ordinary income.
Problem is, the only business entity I have is the LLC used to hold my buy and hold properties.
This ...
Joanna Lenn
Tax man says "Become an S Corp" - thoughts?
Hey there! I own a triplex and I also work a full time job as a W2 employee. Due to the new tax law, my tax man says I should become an S Corp asap. This is based on my typical deductions every year - regardless of m...
Account Closed
CA Property and TX... LLC or Trust?
I currently own my primary residence in San Diego , CA and 2 duplexes in SA,TX. I would like to hold my property in the best possible way that would protect me from law suits, people knowing whom owns the property, an...
Frankie Corona
Business Structure
What is the best corporation to incorporate yourself in when investing in real estate? And why?
Peter Davis
How does investing out of state impact your tax status?
I've been investigating doing real estate investing out of state, since where I live (Massachusetts) is not only an overpriced real estate market but notoriously landlord unfriendly and hostile toward small business i...
Mark Doty
401K Dist, reduce income tax through cost segregation v. ROBS?
Before exploring this concept with a qualified legal and tax professional, I wonder if any of the community has anecdotal experience around taking a distribution from a 401K and balancing the earned income taxes with ...
Nkrumah Morgan
Why the LLC?
I have been doing some research on business structure for real estate investors. I am still not sold on the LLC model. Maybe I am just not seeing the bigger picture. So my question is in a few words why do I want t...
Ryan Green
Management Corp to LLC model?
Hello BPers,I’ve been actively following and learning along for several months preparing to begin doing business in Q1 of 2020.I was planning to go the LLC route with my partner for purchasing properties, but I got in...