Anthony Zirrolli
Legal Entity or not?
After many hours of watching different podcasts, YouTube videos, and reading a ton I'm still confused and wanted some reassurance before sitting down with a CPA to go over my options.
From what I understand if you ha...
Andy M
Apartment complex loans, ~1mm - 2mm
Hi,
I'm going to be purchasing a apartment complex (or a few, depending on how much I have to put down) in the near future. I have a personal credit score of 750, an income of ~110k, and 200k in liquid assets.
I'm ...
Henri Meli
Transfer real estate asset from LLC to self directed IRA LLC?
A few months ago, I purchased a real estate asset under an LLC. I put down 25% or a total of $100k.Recently, I learned about self directed IRAs and thought it could be quite useful to me. I do have a 401k with my cu...
Cory Adams
Financing after short sale (FL)
I had a short sale almost 6 years ago. Since that time I have purchased a primary residence and a duplex (in TX). Credit scores are solid and I have built up a good liquid asset base. I am currently trying to obta...
Stanley Cleveland
A Land Trust Question
If for example I had 5 properties, each one sitting inside its own land trust. I have the beneficiary for all 5 of these properties as one Michigan LLC.My question here is if for example I was facing suit for one prop...
Jeff Rabinowitz
If one lists SD-IRA assets on a loan application can the IRS consider that self dealing?
Fannie Mae allows a lender to consider assets in an IRA when analyzing a personal loan application. If a borrower lists assets in a self directed IRA on a loan application to obtain a personal loan that they would not...
Account Closed
Guidance Needed on Investing in Canada as a US Citizen
I am a US Citizen and I would like to begin investing in some properties in Canada with a friend of mine that is a citizen of US and Canada. I would like to learn more about what steps i need to take to be able to pur...
Capricia Almanzar
LLC or Personal Mortgage
From listening to BP podcasts it seems that obtaining mortgages under an LLC will protect you in the event of being sued, etc.... but In reading some threads, it seems frowned upon. Any ways to protect your personal a...
Katie Grady
Need some advice on HML's
My husband and I saw a few HML's on the BP site and wondered if anyone has any experience with these guys? If we don't have a "track record" or RE portfolio is it going to be difficult to get short term financing? Wil...
Julio Gonzalez
Mixed Use Property and Cost Segregation
Have you ever wondered if you’re paying too much in taxes? For buildings that are mixed-use meaning to have areas that qualify as both commercial and residential spaces, the tax law can be even more complex and confus...