Justin Sumulong
Looking for a self-directed IRA/HSA custodian
I'm looking for a recommendation of a self-directed IRA and/or HSA custodian to roll over 401k funds from a previous employer. I've talked to Equity Trust, Quest IRA & Midland IRA and am also looking into TDAmeri...
Kia Afshar
Having a property management company with rental RE
I have noticed that a significant number of people into rental real estate also one their own property management companies. My wife and I have a few properties that we currently manage. Is there an advantage to makin...
Rich Hupper
Two flips this year how to avoid self employment tax
HiI bought two properties this year and sold them for a profit. It is my understanding the profit from those flips will be treated as active income and subject to self employment tax. However I didn't even lift a fing...
Brandt Tingen
Self-Employed Owner-Occupant 2-4 Unit Loans
Hi All,FHA loans are great for owner-occupants with a W2 job, but can be prohibitively restrictive for those who are self-employed or run small businesses. Have a borrower with excellent credit, cash reserves, track ...
Robert Burns
Pre Qualifying Tenant Buyers in Lease Option Program
I have an assignment Lease Option REI business and was wondering do other Lease Option assignment folks pre qualify their tenant buyers before you assign the lease option agreement and if so, exactly what process is u...
Amanda Cates
Private money websites
Does anyone use those private lender websites? Are they legit, or should I stay away from them?
MarieChele Porter
Sole LLC formation disregard entity or not?
Hello all,Upon research I have stumbled across a thing called a disregarded entity. Let me give a little background. I plan to become a buy and hold investor starting out in Ohio state living in California. I am going...
Sam Hudacek
Thoughts on property management as a side business?
Hey all! I am always looking for more ways to produce income, currently I am employed full time working for the government and I own 6 LTR units and self manage them.I was curious what it would take if I wanted to sta...
Brian Henderson
401k and Roth IRA to buy rentals
Hey everyone, I'm trying to see if anyone could help me figure out if I'm able to use my 401k and Roth IRA to buy rental properties. I've tried to google these topics but didn't get much information. I'm 24 and have a...
Account Closed
Taxing a flip as a rental by leasing the unit prior to sell?
At what point is it determined, in the eyes of the IRS, how to tax a flip? For example, if we buy a property with or without the intent of renting it out, and after rehab we place a tenant in the unit, can we sell it ...