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Can you take money from roth ira to do construction without paying taxes
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Hi everyone! I am really excited to be apart of BP! Any advice on getting started in fix and flips would be greatly appreciated. I'm currently in the Atlanta area looking for wholesalers and agents. I look forward to ...
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My team and I just met with a CPA firm and were quoted $280/ month for year 2019. This is to handle our salary, distribution, and monthly books. We have elected to be taxed as an S-Corp.Just curious if this is reasona...
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Hey BP,
I'm trying to figure out options for REI with a 401k. I've read about a few users on BP doing it, but I'm still not entirely sure how it works. The main reason I'm interested in doing this is that my company...
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Hello,
I am from Bay Area and a complete newbie to real estate investing....had saved money for downpayment of our primary home but ended up purchasing 5 fourplexes in the last 4 months since the cash flow calculatio...
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I am a starting up investor, I have registered LLC. Are you using LLC for the title and then use your own SSN/NAME for the finance part? so this way you are protecting yourself? please let m eknow. thank you!
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Does anyone have any insight on the transfer of a 401K from a previous job to use as a down payment on a RE investment? Is it possible to transfer it to a Self Directed IRA and use that on a possible House Hack or Fl...
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Hi Everyone, I'm leaving my job and have a 401k that I want to roll over into a Self-Directed IRA. Which companies would your recommend. I plan on investing in the Portland, Oregon area. Thanks in advance for time and...
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I'm hoping there are some CPAs or personal experience (knowing I need to confer with a CPA) here to assist me with a decision on whether or not to open a LLC in TX (our place of residence and where we'll do all our bu...
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Hello all. So I live in the south bay of Los Angeles (Torrance/Harbor Gateway). My primary property is a 3/2 1266 SF home on a 7500 lot. We have in a hand the permit to build a 3/2 1100 SF home in backyard. I I can ge...