I'm considering to start a self directed IRA to invest in Real Estate and I'm wondering if it's worth it? I'm curious if anyone out there has used them and has an opinion on whether or not it's worth the effort. Als...
Hello! What would you do if you were setting up a Trust for your children and LLC? I want to make sure I have my head wrapped around this well, so that I set things up correctly for my children’s future. Here’s the st...
I just set up my solo 401k under uDirectIRA, and the LLC that will be 100% owned by the 401k, and ready to buy real estate using the LLC.
My question is regarding taxation. Should I give my LLC's EIN number or my 40...
So many websites discussing/offering land trusts boast 'Using a land trust, the true owner of a property is never disclosed'.
Obviously that is the result AFTER the transfer of property is already complete.
But wha...
Hello Everyone, I just joined BP group and glad to be part of this family. I have a question that I felt like could pitch it here to get the savvy answer. I am trying to set up LLC ...
Can a sole trustee of a trust receive a check in their name and not in the name of the trust??? I believe title has it wrong right now with my seller and how they are going to distribute funds to her. Prelim had her a...
Hey everybody! I have been a biggerpockets fan for a while now, but just now wanting to get more involved. I have been a moderately successful real estate agent for 2 and a half years now. I am a full-time teacher in ...
Hello BP:
I am in the process of trying to streamline my book keeping process from my real estate investments. Thankfully my real estate investments have prospered over the past few years. I currently have 25 units a...
1 or 2 members for LLC for spouses when loan/title are under both spouse names:—————————————————————- Hello,I am starting an LLC and have some general questions. I am using the LLC mainly to shield liability from the ...
Has anyone used the references from the BP resources page for self directed IRA's? There are so many. Does anyone have experience with those on this list? I would like to convert my 401K to purchase real estate throug...