Wade Fisher
Allocating from business account to fund primary residence
Hey everyone, I've been lurking here since last fall, and finally have a legitimate question I'd love to get some feedback on. I will be speaking to a CFP on Monday, but wanted to check here to see if anyone had dealt...
Yuri Chernousko
What are the practical reasons for an LLC?
I wonder if there are convincing reasons for setting up an LLC. I understand that it may be pierceable in case of a suit. Plus, if I need to finance through a bank, the bank may call the loan if it discovers that th...
Danielle Levins
Preforeclosure Structured Buyout Strategy
Forgive me if this has been asked already, I couldn’t find a similar thread in this forum. Im considering a strategy that includes approaching homeowners who are listed on the tax deed and mortgage foreclosure auction...
Michael Dunn
Bank would NOT give me the contact information of the last known
QUESTION Please, regarding the Bank " Telling Me " who the current owner to a Distressed Property is ?Through the Counties website / Land Records , I have found the Name of the Last person to do any type of Borrowing ...
Kyle Scholnick
Can rental income be put in a solo 401k?
Can you take rental income from a rental property and put it in a solo 401k and therefore delay the taxes on the rental income?
Dan Lucchesi
Cost Segregation - A Red Flag For the IRS??
I have been investigating having cost segregation studies done to two STR investments I own. I'm getting some pushback from my CPA of several years. He is a former IRS auditor, before going out on his own. He is defin...
Dwayne Dilbeck
Newbie located in Sunnyvale, CA
Greetings,I'm Dwayne Dilbeck. I just converted my IRA to an IRA LLC, thus allowing me to invest in real estate. I am looking to invest out of state. I am currently researching options. I am leaning toward turnkey in...
Brian Kelley
Tax Strategy for Long Term Residence turned Rental, then Sale?
Hello everyone. I am getting back into RE investing and took the first big steps at the end of 2016. I’m curious about my tax strategy for the 2016 tax return in progress and also interested in a referral to a very ...
Adriana Duarte
Creating my first LLC
Hi,I am relatively new in bp but from what I have gathered, it seems like a big family with the same common objective “financial freedom.“ It is full of great videos and amazing people sharing their knowledge, and eve...
Anthony Villasenor
Do these numbers make sense? Is this worth my time?
Hi, I have a situation where I’m sure all of you have been at some point. I am currently looking at purchasing a fixer upper for BRRR. The property is being offered by a wholesaler at 27k I offered 24k and they said y...