Geoffrey S.
formation of a c corporation
I received a tip from a friend that taking my properties and incorporating them into a c corporation is the best tax structure for me. I've got a full time job and, for now, the rentals are supplemental income/retire...
Emeric Harney
To LLC or not LLC for multiple longterm rentals
Hi all, My husband/business partner and I own 3 rental properties in NC. We're getting ready to invest in another property and wanted to know if we should consider setting up an LLC now. Some places have said to set u...
Kelly A.
Using Fidelity self directed IRA
Has anyone been able to invest in RE using a Fidelity self directed IRA?I want to invest in a private placement, but Fido says I can only buy from their list (I can ask them to vet a pp for their list, but you need at...
David Floyd
LLCs vs Insurance only
I inherited some rental properties in Fl and also own some of my own. All of the properties that I inherited never had insurance and were in my fathers name. Some of my properties were insured and after hurricane Ir...
Alexander Quan
roll over to new 401k provider or move to solo 401k?
Hi BP Community!I wanted to run this buy you savvy investors on what you would do if you were given our situation. So, I have a 401k from previous company Walgreens and now I work at CVS pharmacy. I am going to be all...
Jason Miller
Financial books for tenants
An idea Ive been toying with for a while is giving financial books to my tenants. Specifically the Richest Man in Babylon and The Total Money Makeover. I realize you can lead a horse to water, but my theory is that ...
Eric Richison
Non-qualified use tax on primary residence
Hi all,I'm looking into the tax implication of selling my current primary residence, which I used as a rental during a 4 year stint my employer sent me abroad. I'm interested to learn if there is any exceptions to th...
Jason Hatfield
Using my IRA to find a rehab
All,I have a subject to deal locked up and I'm trying to figure out the best way to fund the $20K rehab.I have an IRA that was rolled over from my previous employers 401K with a balance of about $17K. I also have a 4...
Tia Bible
GOT ADVICE? Please help a new real estate investor!
Hello! New investor here :D I have some ambitious goals, working on a plan, but need direction..... can you help??
Goal: To own & operate a successful Real Estate Investment & Development company. To build ...
Justin Gottuso
Should I have a LLC?
What’s the best business structure for rental property tax wise? Do I pay quarterly taxes? What all can be written off and what should I be keeping track of monthly? What forms will I need to fill out?Anything special...