We are in negotiations on a 16 unit. Purchase price will be somewhere around $600K. We primarily wholesale and should end up somewhere around $400K this year of income from our wholesaling business. We met with our ac...
Trying to understand how money will flow between Holding LLC and Property LLC.
Assume we have a Holding LLC named ABC, LLC with X as single member owner, and another Property LLC named XYZ, LLC owned by ABC, LLC. XY...
I know there are some posts about this on the forum already but I hadn't seen any specifically about Florida. It also seems there are some different takes on it. During due diligence on multiple properties I have be...
Hi, I am a real estate professional. Can I use my rental income to fund a solo 401k since I'm managing all of my properties? My rentals are held under LLCs.Thanks!
Hey everyone, I have a 401k from a previous employer that I was planning on moving into a self directed IRA. I just was wondering if you are allowed to borrow on margin with it? I'm sure every place is different but I...
Newbie here. My strategy is twofold: 1) Buy and hold using BRRRR method and 2) Private money lending.
Which vehicle is better suited for this strategy, a Self-Directed 401(K) or a Solo(K)?
I am in the process of selling my 1st piece of land and want to put profits into a account but I don't know which one will be more beneficial in the long run, Solo 401k vs Self Deferred IRA. I plan on continuing to pu...
I need to make my 2014 contributions ASAP in order to fund a self-directed 401k deal for a friend who needs help. My CPA says he's not comfortable with me making the 2014 contributions so soon because I haven't cl...
So my wife and I are torn on this question. We're both 33 years old and we have been maxing out her 401k at her w-2 job for a couple of years. That's great of course and I'm not complaining. However, if we just contri...
Hey yall! Was doing a little thinking today, and wanted to solicit some advice/discussion.Currently, my wife and I put $17,000 into Roth/Mutual Funds for Retirement a year(also do matched 401K contributions but I refu...