I want to sell a 4 unit Rental in Decatur GA for about 1.2 million.   I have a 470k 1st mortgage at 2.5%.   gross rents are 84k/year -20k (taxes insurance, maintenance) = 64k net income.  
If i sell it for cash I wil...

Some SDIRA custodians also offer SDHSAs.  On the funding side, IRAs and HSAs are different animals. Retirement account (401Ks, IRAs) contributions must be made from earned income. HSAs, on the other hand, require on...

My wife and I are wanting to sell our first rental. We bought it 5 years ago (October 2015) and lived in it the first 2 1/2 years. Can anybody help me with our capital gains tax situation? As I understand it we can re...

Hello everyone!  I have been gathering information and some people say cost segregation is only worth it for expensive buildings.  Is this true?  According to Turbotax, with 27.5 years depreciation, my $600k building ...

If I use a self-directed IRA LLC with checkbook control to fund the lease option consideration, can I then deposit the profit from flipping the lease option into the SDIRA tax free?

Hi All,
I just created a BiggerPockets account, and I am a tax lawyer located in Toronto, Canada.  If anyone has investments in Canada or is considering making investments in Canada, feel free to reach out!
Thank you.

Here’s how in 6 easy steps:

1. Check local regulations.
First, verify that your local zoning laws, HOA rules, or condo bylaws permit renting your property.
2. Update your insurance.
If they do, inform your insur...

Should I pull out a portion of my IRA balance to purchase RE? I have $200K, but can withdraw about 45K without penalty (what I'm told by my advisor). He advises against it. However, I think I can grow this substantial...

I have two SFH rental properties. Each are moderately updated. One of them needs a new deck and fence. When does it make sense to do a cost segregation study? Is it best to do one after all updates are made to a prope...

Suppose a Checkbook SDIRA holder invests in a Syndicated LLC, which then purchases a piece of commercial property (i.e. Apartment Complex) using leverage that cash flows for 2-3 years before being sold due to apprecia...