Jack Ropp
Investing with Student Debt
I am 23, just graduated from business school, I worked and played baseball so I only have about $8,000 in student debt. I am currently working a job making around 40K a year and am renting a place with some roommates....
Brandon Schlichter
Self Directed IRA into REI Corp?
Got off the phone with my investment advisor, i had emailed him about whether or not he knew how to invest in real estate with a self directed IRA. I hear about it relatively frequently, and have one person in my offi...
Roy Williams
Real Estate Professional - IRS Audit
Hi Folks,
Our friends at the IRS are auditing my 2009 return, mostly because of my real estate professional designation.
I have a full time job and the rentals take up all of the rest of my time and I easily spend mo...
Jimmy H.
Steps to Properly Form and Maintain a LLC
I am wanting to form a LLC, I do not feel the need to pay a lawyer with all of the info available on the internet today - but much of it is not reliable and I have not found a definitive resource with this info clearl...
Tyler Carpenter
LLC
I went onto my secretary of state website and looked at forming an LLC and it was $600. Is this about normal? Are there any sites you have had that you would recommend to be better or cheaper?
Account Closed
landlord's will need to prepare 1099s
Under the new legislation designed to help small businesses was a small add on that is now going to require landlords to issue 1099s to any contractor performing services like repairs over $600.
http://www.allbusines...
Alfred Bell
Does anyone use a Checkbook IRA LLC?
I currently utilize a self-directed IRA. My IRA monies have been invested in a real estate project. I'm coming out of that investment soon and I now want to use those IRA monies for buying at trustee sales. This "Chec...
Ken D'Alessandro
Self-Directed IRA
I have many different opinions on the mgmt of property in your SDI.
I have been told the IRS does not allow you to be an on-hands mgr. If a small property (condo, SF, ) it does not pay if you have to hire a mgr. Any ...
Ken Barrett
First House or First Investment Property?
I apologize in advance if this topic is covered elsewhere... I've searched around and all I've found is a topic about purchasing a vacation home instead of an investment property. But here's my situation... I'm a 25 ...
Dismayed Homeowner
Foreclosure process in Arizona
Hello all,
I have NOT yet talked to an attorney, however I have talked to the bank that holds our Mortgage and Equity loan about this situation.
Due to a job loss and my havi...