Hi BPer,For those with self directed IRA experience, can you explain what is the UDFI (Unrelated Debt Financed Income Tax) impact on real estate investment using self directed IRA?Thanks,-Chan-
- Do you have to include any special clauses in your contract when doing a double closing. Also, with the end buyer do you just use a standard purchase sales agreement.
-Do you have to pay capital gains on a double c...
Hey everyone new guy here. Been reading a lot in the forums and I’ve decided I want to house hack to get started. Ultimately my goal is to own enough properties to quit my regular job or atleast set me up for a comfor...
5 months ago I posted about creating $7000 of additional cash flow in a 4 year period and I also mentioned wanting to hang up my high paying W2 job. Further, a month later I posted about Oregon rental laws in March du...
Hello All!!
I have been wanting to get into REI for awhile now and am very please to find BP. I am looking to start in duplexes and keep learning from there. Is this a good way to start?
I have a question about le...
I'm trying to place tenants for my first rental property. Yesterday, I was in the middle of vetting potential tenant applications, etc, when out of the blue, I get this phone call from a very well respected local/regi...
I wanted to see if anyone has been able to (legally) avoid paying self employment taxes on the profit from their flips. I met with an accountant and he said I would have to pay a 15% tax for self employment - essentia...
SECTION 834b
834b. (a) Every law enforcement agency in California shall fully cooperate with the United States Immigration and Naturalization Service regarding any person who is arrested if he or she is suspected of ...
Hi all,A friend of mine and I are planing to partner up and fix and flip properties. We plan to put down payment together, get a hard money loan, rehab and then sell properties. I am an experienced buy-and-hold invest...
After reading all of Robert Kiyosaki's books on money and real estate there is something that is obvious to me. In order to gain financial freedom I need passive income and lots of it. You can not gain financial freed...