Hi. I invest in tax lien certificates in NJ, and I'm looking to create what I think is called a "self-directed IRA LLC with checking". In other words, I want to be able to roll some money from an existing IRA into a...
i wanted to open a checkbook IRA with the LLC in Wyoming, how do I go about doing that? Also wanted to know who would be a low cost provider?
Is it possible to make money owning your own Property Management Company? I ran some numbers for my local area and it doesn’t seem profitable. Looking at 100 properties at average rent of $650/unit and a 10% manageme...
Hi folks, I am about to launch into a large rehab project. I own the house. Will be fixing some structural, adding sq footage, updating everything, etc. While I know BP is primarily about RE investing, this question i...
So I know I can protect my full IRA by setting up LLCs that buy property that the IRA buys. But, then the rent than comes into the LLC would be taxed and then sent to the IRA. So is there a better way to protect your ...
My wife's client looks to clear about 500 K after selling her 4unit property. What's her best option to avoid heavy capital gains? An annuity? She's buying another home moving to TX. MY
I recently formed a new LLC that will be involved in buy/sell, and buy/hold transactions. I read around online that stated I should go ahead and file form 2553 to be taxed as an S-Corp. I called a CPA for advice on it...
I'm new here and just purchased my first investment property in Ohio. I have a Series LLC registered with the state. I now want to transfer the property into my Series LLC but I don't know if I need a separate EIN f...
Hello, I have an opportunity to acquire a house via Adverse Possession. In CaliforniaI understand the qualifiers to do this.My question , would the current tenant be considered a viable person in a HOSTILE manner? Or ...
Hi, is there any way to liquidate all or 90% of my 401K in my 40's (don't mind paying penalty), without leaving my current employer, I am already aware of loan, withdraw, transfer to IRA and hardship which have certai...