Alex Scotte
Are there penalties for withdrawing roth IRA?
The money I used to start the IRA was post-tax and the value of the IRA is less than what I invested. I was thinking of waiting for it to even out, or close to it, and re-invest the money somewhere else. Are there pen...
Bernie McAnena
Repository Sale - PA
I am looking at a property for a repository sale in Wayne County, PA. Both owners listed are deceased (first passed on 2013 and second in 2017) and from NJ. Doing some digging I found that their home in NJ was forec...
Terry Tosh
California resident with Wyoming LLC...
We are in California, but doing business as a Wyoming LLC, how does this work at Tax time?(Tax deed investing...first year, all losses, but this year some deals in progress)
David Rei Stanford
Atlanta Accountant
I looked on the forums but I haven't seen any yet so I'll just ask. Can you guys let me know of a good account in the Atlanta area. I moved here about two months ago and I really just have the internet to go off of....
John McAllister
Can I use a LLC to remodel my home that I bought and use expense
I am in the process of starting construction management & consulting business.At the same time, I am buying a personal home that I will rehab and live in. Can I remodel the home I am buying through my LLC? Legally...
Jarrod Sigsby
Tax-free liquidation of LLC?
Currently 1/3'rd owner in 4 LLCs that each hold a separate single family residence rental. The 4 LLCs are subsidiary LLCs to a parent LLC. If we sell one of the houses is that considered a distribution and we have to...
Christine Cho
Tax Professional/Accountant for first year STR investor
Hello BP,I bought my first primary last year and used a portion of it for a full time AirBnb. We will buy another primary under husband's this year and move there. The plan is to purchase primary each year if possible...
Amby Bhagtani
Offset W2 with depreciation
For people who are on a W2 what would be the best way to negate W2 income (including stocks?)? Is this possible with long term multi family real estate?
Chris H.
Has anyone worked a deal where you have a "Buyer Consultation Fee" on the HUD1?
Have you done or seen a deal where the "Buyer Consultation Fee" is used? Can this be used on short sale and bank owned properties in place of an assignment fee?
Would the buyer need to sign any additional doc...
Niqque Waters
Tax delinquent property, but owner is deceased
Hello! I’m currently interested in a property that is delinquent on taxes $722. I believe that’s a year or two behind. Tax collector office confirmed its delinquent, but not in the tax sale yet and that I should conta...