Matthew Trotter
Convert first home to rental property
I have a question where I'm not sure of the legality. Looking for your helpful advice.Here is the plan: I purchase my first home for $100k. I use $10k from my Roth IRA as part of a $25k downpayment as a first-time hom...
DongHui Patel
Solo 401k investments into a syndicate
I am a w2 earner with a schedule C doing real estate activities.I am thinking of opening up a solo 401k for a investment into a syndicate (with a k-1). I would roll over some of my old 401k to the solo401k to start th...
Uri E.
Move rental properties into a corp entity (LLC/S-Corp)?
Finding confusing and conflicting opinions on the web when it comes to "should I move my rental properties into an LLC".Have an advice?
Joseph F.
Mice left behind
Tenants recently vacated apartment after 18 months. The apartment was occupied by four college students and their hygiene and living conditions were very poor.
I had one of the student's mother as the main...
Jeff S.
Anyone do a will instead of a trust?
I know a couple of older (70's and 80's) couples who had their wills updated and their attorney switched to trust and charged one $6k and another $10k. That sounds excessive to me.The last older couple I knew had a pr...
Jan Van der vorm
Is the cash flow 100% tax free if you own 100% of the property?
I own a investment property that is 100% Owned by my LLC after paying back the loan. Now the property in Indianapolis is cash flowing $700 per month. Is this tax free?
William Englehart
Tax Advantaged Exit Strategies
If you are an investor who is looking to "cash out" of one or more of your real estate investments but concerned about the tax impact of realizing capital gains from highly appreciated and/or depreciated assets, I may...
Matt Engle
Can I use an Inherited IRA to invest in Real Estate
I have an tax deferred Inherited IRA with about 95k in it. I am looking to start my buy and hold business and am looking for ideas of how I can use my inherited IRA to invest in real estate without directly withdr...
Chris Kane
Title and 1031 for Partnership LLC
I have a single family rental held in a partnership LLC that my partner and I plan to 1031 into a 4 unit. Our CPA is telling us to keep the property in the LLC for the exchange for taxes but our lender is telling us t...
Scott Bastarache
Grants for housing redevelopment
I am interested to know if anyone here has ever used Fedral Grant money to finance the aquisition and redevolpment of a large(16+unit) run down building. If so, would you be interested in sharing that Grant with me s...