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Hello Everyone, I have a quick question about how to set up a company structure when dealing with managing properties in multiple states. I have a property management company established in Maine (where 90% of my rent...
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I'm looking to turn both my TSP and my 401k into self directed IRA's. My TSP is from active duty and I still contribute to it once a month when I do my reserve duties. My 401K is from my current employer but I'm about...
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all of my houses have cable TV. And one of my houses has 5 TVs with cable boxes. I am thinking of cancelling cable with Cox, and substituting with Netflix.
What do you think about this move will I have any negative e...
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My mother in law is interested in using the money in her IRA to invest in RE. She asked me about a self directed IRA.
Does anyone know someone who could help her with this?
Thanks :)
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I was told by this bank in Cleveland that they couldn’t verify the identity of my LLC and closed my account under PATRIOT act. They would not open it without verifying it at the first place. I thought. Could anyone gi...
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I own a duplex, no LLC, for security deposit, I read online that for NC it needs to be in a trust acct or a bond for that amount? Can I not put it in a separate personal savings acct? Would that not suffice?
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Does anyone have a CPA and what exactly do they do for you if you're really into investing into properties. Could do write offs if you have a LLC or something? 1. What are some questions you would ask a CPA?
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Hi All: I'm not sure which category this belongs in, but here goes... We are into short-term/vacation rentals (cabins) in Ohio. We have a 2-member LLC (#1) established last year that currently owns 2 cabins and provi...
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I am trying to advertise one of my rentals on Zillow. I am using one of my old ads for the property and just update some details to make it current. When I hit the 'Activate' button, Zillow says the ad will be posted ...
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Hello BP. My first flip is currently in process. The contractor is okay, but I have a question. We allowed our contractor to use our store credit card to buy supplies to rehab our house. For the most part he has done ...