Jean Bolger
What do you think of this seller's Schedule E...
I was looking at a group of 4 fourplexes as a package deal. I had done my projections (yay! 50% rule) and things were looking good. Showed it to my lender, things were looking quite good. (yay!) Then, I get the seller...
Zach Lincoln
Investing Retained Earnings
Ok, hypothetical, but will become realistic I am 22 and I make 140k a year. I live off of 36k and want to invest the rest into real estate. The goal is to create an investing business where all profits can be retaine...
Max Abend
New Investor from Long Island/Greater NYC Area
TL/DR Version: How do full-time employees in the greater NYC area invest (especially locally)? Or if not local, how do you go about investing out of the area?Hello BP! I am a complete newbie living in Nassau County...
Michael Courtenay
Clarfication on use of Self-Directed IRA for REI
I've just set up a self-directed Checkbook IRA to use for real estate investing. Just want to be sure I'm not overlooking something relating to fix and hold investing. One of the major benefits to holding a rental pro...
Charles Wilson
Self Directed IRA Question
I need some help. Ok here is the scenario. I purchased a mortgage note with in my SDIRA the note turned non-performing. I foreclosed on it. I am thinking this means the property is now owned by my SDIRA. I want to ...
Richard Nguyen
Experiences with SDIRA
Hi all,I'm looking to learn about your experience using a self directed IRA if you would be willing to share. I am looking at an investment opportunity and have found a self directed IRA custodian in my area. Their fe...
William Kuslaka
Self Managed IRA transactions
Hello. Looking for insight, readings, websites and general resources to learn about self managed IRAs. Process, legal and tax best practices, do’s and dont’s, funding, etc. I am only 9 years from retirement and see...
Ulrick Edmonds
Self Directed IRA Usage
I’m looking for some advice and or ideas in my first deal using a Self Directed IRA. We have a place under contract. The ARV is $40k - $50k more than the purchase price. Once all repairs and updates are included what ...
Alejandra Tapia
Tax return for a partnership LLC with no business activity
Do I need to file a tax return for a partnership LLC with no business activity? I’ve heard of a “No/Zero Activity Tax Return” but I want to get some clarification. Much appreciated!
John Golding
Buying investment properties with partners
Hi all, I'm looking into buying a first investment rental property with 2 partners and we're trying to figure out a) what legal entity (if any) to create and b) how to handle financing. 2 partners are in California; 1...