Daniel Patton
LLC questions
So I am currently set up as a sole member LLC (officially as of today) but have not yet filed the 8832 or 2553. My question is, does anyone have their LLC set up so that the only member is actually their living trust?...
Jonathan Casillas
Thoughts on Bob Bluhm "Complete Tax Savings and Asset Protection"
I am looking at ordering Bobs 1K package that is said to show you how to setup trusts and corps in the best legal way possible. I wanted to know what anyone's experiance has been with this program. If you have a bette...
Karl Johnson
Living in a multifamily property by 18yrs. of age???
Hey guys, what's up?! Ok so next year I will turn 18 & be off on my own in the real world. My biggest dream is to build long term wealth & start as soon as possible. Rich Dad (Robert Kiyosaki) said that your h...
Sam Huze
Investing from a Roth
I just started listening to the show a few months ago and I have heard many people say that you can invest money that's been saved for retirement. Can someone help me understand how it is possible to invest money that...
Alexandra Sales
Would love your opinion on a few scenarios
Hi All!
Would love your opinion on a few scenarios...
1) If you live in an expensive metropolitan city and properties are just too much to purchase, is it a good idea to invest in a property in a more affordable c...
Emily Schultz
LLC for duplex/triplex/4plex
Hi Everyone, Investing in the Cleveland market and will be buying a duplex in the near future. How I can protect my assets? I am growing a real estate empire so eventually I will have lots of various assests but I am ...
Tyler Harrel
Taxes on selling home
Hello All,Looking for some guidance on the profit made from selling a home. I understand that there are closing costs, fees for realtors and possibly repair costs associated with paying for when selling a home, but I ...
Sachin Maskey
Cost segregation study- when and why should i fo this ???
Hi,
I am looking for feedback and benefits of doing cost segregation studies for 3 unit multifamily . I recently purchase this multifamily on 5/2020 . i was wondering if this is worth doing and when should i do this ...
Clay Massey
Do I Need A Tax Deferred Exchange?
Scenario:Inherited a singe family home 12 years ago (owned equally between 3 parties). One of those years it was rented to a tenant (8 years ago). All other years the house was simply a mountain getaway for the family...
Jim Cummings
Question On 1031 Exchanges
A Question On 1031 Exchanges for the 1031 Experts on the Forum.
BACKGROUND:
Sold Investment property in 2016 netting around $225,000. Money deposited with 1031 Exchanger. Bought 2 properties with 1031 proceeds. Paid...