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Im ready to make the plunge!First post, apologies if I ramble...Just came home after a year in the middle east trying to get a head a bit, after tax season we have a decent little egg in the bank, in addition to that ...
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Hello, im new to the forum. Hoping to get some opinions.I currently own two homes, one i live in the other i rent out. I want to upgrade to a better home for myself. Trying to decide if i should cash out refi the one ...
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Good afternoon everyone,After trolling for the last 12 months on the forum I have decided to post - why? Because action doesn't occur without interaction. I have made a self-proclamation that 2017 will be the year I f...
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Hi BP community,I'm seeking to purhchase the real estate investment, and need some advice on financing options.
My Situation:- My spouse & I own two properties worth $600k, $200 fully paid.- Our combined after...
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Hello all, I am 3 days from closing. I had an issue with my 2021 tax returns and my CPA had to get them amended to be fixed. The underwriter said the 2021 tax return cannot be used as legible since its been amended. K...
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I am a retirement account maximalist. I want to make sure I'm not missing something.I can withdraw penalty free from prior Roth contributions and 5+ year old conversions, an inherited tradtional IRA, an HSA with prior...
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Today I'm working on taxes and finalizing my Solo 401k set up, yes tons of fun...not my favorite way to spend a sunny 75 degree Saturday in San Diego!
That said, I need some guidance on next steps.
Step...
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Can my SD IRA LLC lend funds to someone that I'm a 50/50 business partner with to buy an income producing 2-Family house?
I own 2 properties outright, A and B. Both A and B are multi family apartment buildings.The properties are worth around 1.5-2m.I wish to keep A but sell B; preferably in a tax-deferred manner.A is in an area that has ...
I have a home I've been in for 5 years. I want to rent it out to my LLC, stay in the home, pay the rent and write off the expenses. Can this be done?