We have a loan out on a property using our Self Directed 401k plan. Title is held by our borrower and our SD 401k holds the 1st trust deed. Property was the flip of an enormous house that our borrower turned into a ...
I recently converted my primary residence into a SFR and completed a cash out refi. I plan to invest some of the money in a business doing flips and remodels with a partner. Are there any strategies to avoid my profit...
If I raise private money from a co worker or family, Do I need to w9 them? Does any thing need to be done for taxes? My company is in a llc.
I am planning to refinance my rental properties which are free and clear.
Planning to take out $1mil
Are there any tax implications on this money after the refinance ?
Do i have to invest this money or keep in my ...
I am a new investor and I am trying to understand using other peoples money.
Lets say you find a 50k home and it will take 10k in reno to force good appreciation.
Appraisal comes in at 60k bank loans 48k (80%) on a...
I have a family member (mother in law) who runs a day care and recently received a certification that gives them more money from the state. She wants to lend me private money for REI because she's both interested and ...
I was watching the video Brandon Turner did for analyzing a deal recently and got to thinking. When you own a rental and are collecting money from it, I'm assuming the government sees that as income, and presumably wa...
I bought my first home in April of this year (2020). It is a single family home and I am currently house hacking by renting out the 3 other rooms to some friends of mine. The home is my primary residence. My mortgage ...
In 2022 I participated in a hard money loan and terms were for a year. I received a 1099nec in 2023 with the amount lended plus interest. How do I go about only reporting the interest earned instead of the entire amou...
Hello,Im 26 years old and I purchased my first rental property almost 7 months ago. It's a two family property that I was able to use FHA financing to acquire. The house cost 168k and the taxes are about 6k a year w...