Any opinions on how many "buy/sell" transactions it takes to make you a "dealer" in the eyes of the IRS?
My wife and raise and sell cattle and started an LLC partnership in GA a couple of years ago with Operating agreement and annual meeting minutes, and all that is required. We also had an attorney draw up a Quit Claim ...
Hello BP!I recently left my W2 job and want to transfer my 401K over to a self directed IRA. I read a bunch of reviews online for various self-directed IRA companies but the testimonials are mixed. What are some recom...
I know I will have to talk to someone who specializes in self-directed IRAs, but thought I'd float this question on BP first.Would I be able to use my self-directed IRA to loan money to my girlfriend, to purchase a d...
Look for an agent with a proven track record of success in working with investors. This can include things like a history of closed deals, a strong network of contacts in the industry, and a deep understanding of the ...
I fix & flip homes. In 2019 that business will profit about $250K. I have an LLC for buying properties and another LLC that holds a contractor's license. (Company A buys the property and Company B renovates it....
Hello,I was just wondering if anyone has their CCIM. I'd love to get into the commercial side of things and then recently heard the discussion on CCIM. I looked into it and it's definitely expensive and time consumi...
Without going into too much detail, is it normal for a lender to cause you to have to push back your closing date because they couldn't get underwriter approval on time? I feel like they are having me scramble now t...
I am probably going to sound naive here, but I have thought about becoming a RE agent so I can handle my own showings and deals. (don't want to lose deals due to slow agent response due to THEIR schedule.) I talked to...
Hi,
I am planning to start an LLC to purchase a real estate. My friend's IRA (IRA-A), my IRA (IRA-B), my friend (A), and me (B) are planning to invest. I have been reading up on IRA-LLCs and have a couple of questi...