Have a semi complicated scenario I can't quite find the answer to. Managing member of an LLC that owns investment property (with a silent partner's equity). Would it be possible for the LLC to sell the investment pr...
I am looking at doing a SDIRALLC on 100 acres that has just come up for sale. It is all farmland and I would be getting about $15000.00 Rent a year from it which would be put back into the IRA. Who do I trust to set t...
I've been self employed for a little over 3 months now and am looking to move my Vanguard 401k funds (formerly 'employer sponsored') into a Solo 401k account so I can use that money to invest in Real Estate. Is this ...
Just wanted to give you all an update, since I started toying with the idea of REI (month ago ish) and joined BP, about a week ago, I have learned alot, but on to the good stuff, no deals yet, (I don't even have enoug...
Hi all, I came across an article detailing why a C-Corp should never own property, but should opt to lease it instead. (https://www.thetaxadviser.com/issues/2018/sep/leas...) This led me to think of a scenario. Not s...
Hi Guys,Would it be possible for me to purchase a home with my Solo 401k, fix it up, then flip it to an LLC I use for my buy and hold rentals? Basically I would use the funds in the 401k to purchase my deals, fix the...
It’s been a while didn’t come and post here.:-) hope everyone has a wonderful 2013!
I did a project in 2012 with other two partners (one active on passive no salary for both). By the end of the project I took a small...
As a rental property investor, how many rentals or how much equity would you max out at before beginning to to put properties into another LLC?
Ive been looking into investing into an apartment building and I don't know where to find the deals. Ive tried Loopnet.com and other websites but cant seem to find anything good. Does anybody have recommendations? Tha...
Hi all,
I know this probably varies from state to state, but what is the process like for deeding a property out of a land trust? Can it be done quickly? Is it expensive? What kind of costs/fees can I expect ...