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I think I have a simple enough situation that I won't require advice from a asset protection lawyer, I'm hoping some of you are in a similar situation and can pass on what you have done.My wife and I live in Californi...
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I have been hearing and learning more about Self Directed IRAs. My CPA suggested I look into a ROBS account, (Roll Over for Business Startups) but I have to form a C Corp in order to do that. I currently have an LLC.I...
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Hi. I currently do all my real estate investing through my Self-Directed IRA LLC. Consequently, I don't need to report my income since it all goes back into the IRA. Up until now, I've been investing on my own, but...
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Has any rehabber used a self directed IRA for rehabbing houses? How do you handle the profit. Does it have to go back into the IRA which would seem to defeat the purpose as you couldn't make any money to live off. If ...
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Ironically, I specialize in real estate law (mostly transactional) and I can't for the life of me think of any advantages this degree would bring me when it comes to BRRRing a property. Its not like it helps to have ...
Does anyone know a way that it is possible to use a self directed IRA to invest in an LLC that I own as well? According to the IRS rules, i would be considered an unqualified person since I own both.
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Hello BP Community,I've been reading the BP forums (and others) regarding forming LLCs, and oftentimes the information in one post/article negates what's in the next. My confusion lies in the varying information conc...
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I’m 2 months into using this program. I’m not sure if Innago is linked to BP?I had asked this question on the Facebook fan page and got banned lolwho do you use for invoicing tenants? Innago allows unlimited e checks ...
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Hi Bigger Pockets Community!I wanted to pick your brain about becoming a Real Estate Transaction Coordinator. I previously had a Florida Realtor license waaaaay back in I believe 2004 that I let end (I am not good on...
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I’m 18 years old and I’m trying to get into wholesaling real estate. I’m running into the problem of providing POF’s. How can I go about this? I know grabbing a random POF’s letter is consider fraud, etc. I’m not gonn...