Has anyone had any experience with using your 401k to purchase real estate? Did you lean towards cashing out your 401k paying the penalty and taxes but having the money free and clear to invest with? Or did you by cha...
Hello guys I’m going to keep this really short! I’ve been doing some research on the 1031 exchange and I’ve learned just how beneficial it can be for investors and growing wealth. With that said should I be worried wi...
I spoke with several on the phone today. Equity Trust and Trust Administration Company stood out as the best. I like the fact that Trust Admin is located close to my home in San Diego, but Equity Trust seems to be...
I just spent a few hours listening to Equity Trust Company talk about self directed funding for real estate deals. Wondering what other companies are out there or if there are members that are happy with ETC? Also, h...
Hi,I have a pending offer on a duplex that is being offered below assessment. Its currently tenanted and i am buying it together with the leases (1 year term). The house needs work but the type that can be done in bi...
So the first area of RE that got me hooked on the idea of investing was doing tax sales.. All i have been doing is watching podcast and reading books..i have one lot that is water view on the market, and in the proces...
Hello everyone!
I have a two pronged question...
Can you explain to me the difference between having an S-Corp vs an Llc Taxed as an S-Corp?
Lastly, I know some people simply say have a new LLC for every single fl...
I have a question about using my LLC to originate a loan that my SDIRA will fund. I will not be lending to myself but to qualified party so as not to create a prohibited transaction.
My question is, since my LLC is...
I recently did a hard money loan where I combined multiple self directed IRA accounts and money from my company as well. Basically my self directed Roth, my wife's IRA, and the balance was from my LLC. My administrato...
I'm thankful for the vast amount of info here on BP. Been a reader for awhile, member for a short time and a new poster.SO... the Situation: (I will simplify numbers for the sake of clarity)Partner A (me) has 2 rental...