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Hi BP!I've long considered using the 72(t) SEPP or Roth IRA conversion ladder strategy to access IRA retirement funds early. Does anyone know if a self-directed IRA would still qualify for those distribution strategie...
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Hi,I found a foreclosure property that I am interested in. Bank is foreclosing on the 1st loan. If I won the bid, does it mean I won't be responsible for 2nd loans? How about if there is an abstract judgment on the...
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Hi, this may be a dumb question but I am trying ensure I have a clear understanding how cash is disbursed to multiple investors. Example: Let's say I have a property that produces annual cash flow of $50,000. The eq...
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I am considering using my 401k available loan to purchase a smf that will be used as my family's primary residence. As I am about to change employers, I am strongly thinking about taking out the loan and then not pay...
I have a property under contract and trying to better understand the potential profitability of the project. I feel as though I have massively overlooked something. Details:Purchase $425kRehab $130kARV $685kHard mon...
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I am looking for an advise please;
We are 2 LLC partners; recently we changed our ownership to 90/10. The LLC owns 1 property. The mortgage for this property we have guaranteed both personally (it's under our names a...
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Just reviewed my transaction history from my bank which confirmed my property manager has not distributed rent for 12 months, I have requested a full disbursement. I'm an out of country investor - what are my options ...
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Hi BP,Can you make distributions from one LLC bank account to another LLC? In other words, if I have a surplus of money in one LLC account and the other LLC has need of capital for construction, can I transfer from on...
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My wife and I had an LLC created by using a Solo 401k(55% from my retirement account) and a SD IRA(45% from my wife's retirement account). I am the managing director. Now that I am 59 1/2, would I be allowed to withd...
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Hello Fellow BP'ers,
What are some ancillary businesses/companies that typically choose to locate close to Amazon Distribution Centers? Most specifically, companies with light industrial uses.
Also, using historic...