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Hi there! I am so grateful for all I have gleaned from BP already, and I've barely scratched the surface. I'm looking forward to soaking up lots more real estate investing savvy from everyone, and hopefully learning...
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Hi. I understand with flipping you have to pay ordinary income taxes on the profit.Could anyone explain how taxes would be for a partnership, in which profits would be divided 50-50 in the following scenario: ==one pa...
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Hello,New to the group but learning a ton and interested in feedback from others especially tax professionals. I'm considering partnering on a flip in Southern California. I have a regular 9 to 5 but know someone in r...
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I am interested in knowing what members (investors) think about "IRA/LLC or Checkbook IRA" and the best institutions in the business they have dealt with in the past. Much of the information out there are from the ins...
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Since
my last post a lot has happened. Previously I wrote about my experience purchasing my first
property (traditional financing), which also happens to be long
distance, and what I learned along the way. I've spe...
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I am looking into rolling over an old $401k account that I have vesting from a past employer into a self directed IRA to use for rental investing. I have about $50k to switch over, it will cost me not more than $20, ...
Hello new to the forums here, first off I'm loving the site and plan to use it to it's full potential.I have alot of questions but I figured I'd start out with something that is relevant to my current situation. I cur...
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Hey all. My wife and I have been saving aggressively for a few years now. What is a good cash goal for starting out when it comes to purchasing a rental property in the Baltimore area?
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Hi everyone,This is my very first post and i have a few questions. I just started listening to the bigger pockets podcasts and i am now obsessed. I love learning and trying to educate myself. It quickly became evident...
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Why choose one self-directed IRA company over another? Is there any kind of benefit other than personal/professional relationship? Do/can these companies offer incentive in order to invest with them? Lower fees, etc....