I live in San Diego, CA and am buying rentals in KC MO. I will soon have 4 rentals. I have about $320/mo positive cash flow on each after property tax, insurance and property management. Since this will be my first ye...
I have heard that the UDFI tax rate dropped to the corporate rate of 21%. Did the new tax law also change the UDFI tax rate to 21%?
Hello I am hoping that someone can help me out here. I sold my primary residence last year and have been renting, I used the proceeds from the sale to buy a vacant lot and now I am changing directions and selling it, ...
Suppose you take out a loan from your solo401k. You make the regular payments up until you turn 59 1/2. After turning 59 1/2, you stop paying. The remaining balance would be a taxable distribution, right? Would it...
I am an wholesaler who recently had a double close. i would like to know the following?
-Are my proceeds subject to capital gains tax?
-If so, What portion of my proceeds will be subject to the capital gains tax?
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So I just bought my first property (4 plex) and had to use my parents to get the approval for the loan,my question is, my parents plan to retire in the next 5 years and don't want anything in their name as it may affe...
I just turned 59 1/2 can I now take money out of my self-directed IRA (SEP) without any penalty? If I do, does this require taking social security as retirement?
Notes:I am sure that I will have to pay taxes on any t...
Hi everyone can anyone recommend a best resource for these options or refer me to CPA that has experience leveraging self directed IRA’s? Thanks!
Hi guys New to this forum and have been getting conflicting advise on this matter. This is a question on refinancing- If I own a property in a Llc company with lots of equity, I refinance, that money is classed as tax...
I have not used my self-directed IRA (SDIRA) to invest in a multifamily syndication yet and would love to understand from other investors what you loved/hated about your experience... Thanks!