Muhammad Kashif
Best way to optimize taxes for new construction of investment property (for flip)
I am considering working with a property developer in NJ to buy land, build a duplex/triplex and sell it (6-9 month time horizon). Is there any creative way to avoid/reduce capital gains tax on the sale ? From what I...
Junior Francica
First Flip, what to do with profit from flip?
Hello everyone, made a post on here already about doing my first flip so wont get into the details about it. Something that I have been trying to figure out or learn is, what are my options with what to do with profit...
Jenna Columbus
New Tenant Screening, do you make the applicant pay?
Good Morning Everyone, I wanted to learn what other folks are using for tenant background, credit and criminal checks. Our current process is thru a website called Avail and that has been pretty smooth but the appli...
Carl Crain
moving IRA into LLC without penalty to flip
Interested in using my IRA to fund a new LLC that would flip houses and put the proceeds back into the IRA. Then due it again. Any guidance?
Bill Krenz
Flipping Houses in a Self Dircted IRA
I’m looking to flip some house with my self directed Ira. I will loan the money from a private lender through my self directed account. Seeing what the proper way to set it as for ubit tax if that applies and how peop...
Lisa Bryant
I am Learning, I'm seeking to apply and I want it to produce...
Greetings BP!Just sharing:I am a diligent hard working, creative and a flexible professional. With my eyes WIDE...opened. This newbie is now in a place of looking to work what she has obtained, while I am still young....
Mark Hu
Are extra payments deducted directly from principal?
I've read that when you pay above your normal mortgage payment each month, the extra amount is deducted directly from principal. Is this true, and do all lending institutions follow this?
Elaine Gee
Self directed Ira, Equity Trust or Broad Financial?
I'm in process of setting up self directed Ira acct either with equity trust or broad financial. Equity Trust charges very high yearly fee plus different fees for different services. So which company is better? Looki...
Tanner Gish
Self-Directed IRA and Self Dealing
Hey Friends, There is probably some seminole BP thread that asnwers this already, but I haven't found it yet. My account just put a damper on my plans to fund a Self Directed IRA this month with a 2015 max contribut...
Harvey Corsino
I need some answers regarding solo 401K
How to apply for a self directed 401k? Do I need to quit my job to roll over my 401k? Do I need to have my own business to apply for it? What are the advantages (benefits) vs the standard 401k. Thanks!