Would a Self Directed IRA be subject to UBIT if I invested in an apartment building with 2 partners, all bringing equal equity and no debt to the deal?
Example, the 3 of us form an LLC, buy a building, I use $60K of ...
Hello all, I sort of a newbie. I own a 4 plex and 2 sfh generating cashflow overall. I would like to take the next step to but not really sure what direction to take. My possible choices are, keep buying SFH and /...
Hey BP community!My wife and I live in LA and are looking at buying real estate. We’ve got a decent chunk of liquid reserves and credit scores above 800, but we can’t get a loan because our income from 2020 and 2021 w...
Hi everyone,So I am looking at getting into direct mail to generate leads for our flipping business and since the general consensus is you need to be consistently mailing in order to keep the deals flowing, I figured ...
Hello fam, BP newbie here. 👋I used the calculator to try and analyze a purchase I'm considering as my foray into house hacking. The property has an 810SF separate unit that I plan to use for short-term rentals. I was ...
If someone is a "real estate dealer" and can't report profit as short term gains from developing or flipping property, then wouldn't the best option be to buy and sell through an S-corp since they're a business?
I have yet to actually move forward on any potential real estate deal because up until recently, I did not feel confident about my knowledge base or financials. Now I am ready to move forward and I have been making it...
hello.im new here.i assume this is the right area to post this.if not please forgive me! I have been haveing a great deal of trouble with a hud home ive recently one the bid on.im in the final stages of the deal.at th...
Newbie here.I run a small business and it's generating healthy revenue.Looking to invest in my first investment property and was wondering if I should purchase with my personal income or buying it through corp?I am co...
Hi! Back again trying another go at it. Hope to get feedback on the following subject to deal:outstanding principal: $242k (4 years into a 30-year fixed mortgage @ 4.5%)PITI: $1720/monthRehab estimate: ~$50kThe owner...