Pat Reilly
What is the IRS definition of a flip
I'm unclear on this and have not found a definitive answer through google searches. The IRS allows you to buy real estate with your IRA, with some very specific rules for doing this. However there is one rule which ...
Steven Parks
SD IRA legality issue
My friend and I both rolled our 401 K’s into SD IRAs. To get the cash out of these IRAs, can he loan me his IRA and I loan him mine and then cash them out, due to the fact we aren’t prohibited members?
Mark Sossoman
Do I need multiple attorneys?
I am moving about an hour away from where I currently live. There's a good chance I'm going to be holding onto my current house and turning it into a rental. I guess that would make it my first investment property (ye...
William Jenkins
Multifamily In-Building Cellular Coverage During COVID
I'm an RE investor/broker and a major part of my business is developing, owning, and brokering wireless sites (towers, rooftop locations, etc.) We have expanded our practice to offer in-building wireless systems that...
Erin Stephens
New investor from Baltimore, MD
Hello,My name is Erin Stephens and I am starting out as an investor in Baltimore County, MD. Just had my first accepted offer this week, woo-hoo! Property is a 3BR/2BATH townhouse in the Essex area. Hopefully I will b...
Rob McAllister
Newbe looking for advice. Install sprinkler system?
Hello,I just bought a new house and I am looking into renting out my old house instead of selling. The yard is a concern because it is high maintenance in my opinion. The soil is very sandy and there is no automatic s...
David Bray
Alimony and Child Support as Income
I am processing a tenant application. 1/3 of the income is coming from alimony and child support. I have no idea what the likelihood of her continuing to receive this income regularly is. I am looking for ideas on...
Chris Clanton
Wife is an Agent I am General Contractors income tax implication?
Hello all, I am just starting out in the rehab market. After reading through page after page of IRS documents I still feel that I am missing something. If we purchase a house cash and I rehab using my Contractors lice...
Jay Orlauski
Awkward first visit
Hi everyone,
just wanted to share an experience I had today and was wondering if I could get some feedback from some of you.
So I announced a while back that we just acquired a triplex after several years of not ...
Ryan Dossey
Site is under heavy load
Hey guys I searched and didn't see anything. Maybe I just have terrible luck. The last few days most times I try to get on I get an error that "the site is under heavy load please try again later". I check in several...