Looking to open a solo 401k under my current Home Improvement business which is a LLC. Need checkbook control and ability to take loans. Any recommendations from those that currently have the same.
It's confusing, I know. The property management company I just hired holds the tenants rent for 30-41 days. For instance, they tell me the tenant has until the 31st of the month to pay their rent and they disburse t...
Hi BP, I, along with several other people, am named as an heir in the trust of a family friend who
owned a handful of single family and multi-family properties. We are
in the 120 day waiting period where people ha...
Hey all!!I'm looking to buy a 40ac parcel of land for $320k in a fast growing area of colorado. I want it as a buy and hold for future development (10 years). I have 125k of my 401k to transfer into a self directed IR...
Is it the industry standard with short term rentals for the property manager to be the legal owner of the listing(s), or is it the industry standard for the property owner to be the legal owner of the listing?
My wife and I own a four plex and are in a deal now to have another one built for us. When that building is completed this spring, we will move into it. I then plan on cashing out my 401k and using my Retirement to p...
Hello BiggerPockets! I am planning to move into a property manager function in upstate New York. We are required to have a Brokers license here to manage so itll be a little bit before it happens. However, I currently...
Hey all, I'm creating a joint venture agreement next year for a buy and hold agreement (an equity partnership and I would manage the units). I want to make sure I have all the clauses and questions answered in the act...
Hi BPers,I am a Newbie and this is only my 2nd post. My first one led me to my realtor who then led me a real estate attorney and gave me some great feedback. However, I still have not found an accountant to answer so...
Hi I have a 4 unit multifamily building in a downtown area with a tandem parking driveway that can fit 3 vehicles.I’m unsure the best way to distribute parking to the units. The 1st floor unit is the nicest so I thoug...