Richard Compian
Applying for first mortgage, question?
Hi!I have been working in the same field for the last 4 years on 1099. In 2020 i incorporated my S corp. My question is: From a lenders view, seeing partial income now from a new S corp and 1099 still make me credit w...
Jason Morton
Finally stepping out of the background
Hello, my name is Jason Morton and I Have been a member for a while but have never posted. I have reached a point where its time to jump in. I have owned my primary house in Austin TX for 10 years and currently have i...
Tyler Ford
1031 exchange process
Hello all - Here is my plan. - Sell property A and roll proceeds into a 1031- Buy property B- Rent property B for two years - Owner move in into property B after two years- Live in property B for at least 8 years- Pot...
Chris H.
Can you transfer a traditional ira to a self directed roth ira?
Is it possible to transfer traditional ira funds to a self directed roth ira?Thanks for your help!
Sylvain Girard
Rehab and get a heloc or rehab and sell?
Hi BP,This is my first post started looking into real estate investing last year. I read many books and listened to many podcast and audio books. I also joined local meetups. I just listened to J. Scott podcast and I ...
Mahmuda L.
1031 exchange question
I have a house that I lived in as primary residence. Then I had to move out of state for work, so I turned that property to a rental. Now if I do a 1031 exchange, will the next house need to be a rental or primary res...
Manu D.
New builds in Austin TX
Builder is allowing me to move into existing contracted new build for about 7 months before moving to another new one which I can buy now. Both are in same community and will be closed as primary (builder lender confi...
Emma S.
Converting a Solo 401k to a Roth 401k
Hi,
I recently set up a sole proprietorship & transferred a Rollover IRA into a Solo 401k. Now I want to convert it into a Roth 401k so it will be tax free at retirement.
Questions:
1) Is it ...
Glenn McCrorey
1031 Exchange question
Does anyone know if I do a 1031 exchange selling a rental property and buying another one, then move into the other property after renting it out for a period of time and make it my primary residence what happens when...
Bryan Petrinec
Seller Financing Tax Implications for Seller
How is income from a seller-financed property treated from a tax perspective? I am considering selling a property that has no mortgage on it through seller financing. I know that if I were to sell it through a stand...