Ulises Romero
How To structure deal with private lender
Apart from Hard Money lenders, I've been working to find my own private lender. He's interested and now we've reached a point to discuss payment. Do I offer just a flat percentage return after 90days? How are you stru...
Jesse Fernandez
Leveraging the short term tax loophole for cost segregation qualification
I am looking to take advantage of cost seg for a 2 unit MF property - which has tenants for long term rental (let's call this property A)I know that in order to take advantage of cost segregation, there are no speci...
Henry T.
CPA, STR deductions and losses.
My CPA says STR "A" can only deduct expenses for STR property "A", and only up to income level. Whereas my other LTR rentals B,C,D,E etc, can accumulate/share deductions and losses , as well as carry over. STR cannot....
Tamika Malcolm
How to use 401k for investment properties
I am newbie and would like to use my 401k to buy my first property any directions would be greatly appreciated?
Ivonne Pinedo
Advice needed South Florida market
Hello BP!
I am seeking advice on how to ease long-time property owners' minds on section 8 voucher holders. I am a real estate investor (and rent to voucher holders) and see the value in renting to the right HUD par...
John Skilling
Solo 401K: Fidelity Non-Prototype Retirement account
Hello all,I am a sole proprietor a S-Corp and recently setup a Solo 401(k) plan with one of the Solo 401(k) plan providers.I am in the process of deciding to open up a brokerage account with Fidelity.I understand I ne...
Ken Martin
Creative / Seller Financing - Need Suggestions!!
BP community! I've been in casual discussions on a multi-family property in SW Michigan. The owner is 70, has owned the building forever, has been managing it himself, and sounds like he may be ready to sell the prope...
Brian Armstrong
Self Directed IRA to Loan Me Down Payment
Is it possible to have my self-directed IRA loan me (or my LLC) a down payment (say 20%) on a BRRRR deal where I can use hard money to finance the rest of the purchase and the rehab? Would a situation like this meet t...
Zach Vaughn
Using Investor Funds for Down Payment
Hello everyone. I am currently house hacking a duplex that I purchased in April and am now trying to work on a second deal. I have my eyes on a couple of small multifamily properties in my area but am running into the...
Tyler Harrel
Experience Pulling Money from 401K Plan
I have been researching a variety of ways to come up with money to finance a deal on a property and thought of pulling money from the 401k Plan that I have been investing in for the past couple of years. Does anyone h...