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...
I have two questions hoping y'all can help me out with. 1) I'm purchasing a multi family property in my personal name. Should I set up an LLC to manage the property? (For ease of separating expenses, write offs, payin...
My W-2 Job is a Truck Driver and I have an opportunity to switch to a different company that will pay me more for my experience. Would this affect my ability to get financing for real estate deals in the future or wou...
I mentioned in a prior post that I had purchased the Armando Motelongo 3 day class. In this class they spoke about Self direct IRA. They said you can put an LLC inside of this S.D. And do your business from inside thi...
My husband and I are looking into becoming an LP in a multi family deal in Austin as a way to use accelerated depreciation to help out on our taxes. My husband is a 1099 and I am a W2. This will be our first year with...
The 1031 Exchange has been one of the most tax efficient investment vehicles available to real estate investors for many years. However, with the creation of Opportunity Funds under the Opportunity Zone program, the 1...
I've been reading up on the Self-Directed IRA, and from what I've found is that any cash flow/profit goes back into the SD-IRA. How does one legally obtain funds from a SD-IRA for basic living expenses if the purpose ...
I am at the point where I can take distribution from my 401K, and would like to move from paper assets to real assets. Does anyone have any ideas on if this is a good idea, and are there any tax strategies I can empl...
Hello All, I am looking ahead in my investing career and thinking about the day I might no longer want to do buy-n-hold rentals myself and instead invest in something more passive like a syndication. I currently own r...
We are finally getting our business computerized and are running into a glitch. Scenario - Purchase a building for $70,000Initial improvements $25,000New value $145,000Refinance at 75% of $145,000 = $108,750 mortgage...