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Results (10000)
Account Closed How does a self directed IRA work
21 March 2014 | 23 replies

If I roll $100k into a SDIRA, can I buy a $50k house for cash out of that account and have the rental income put directly in the account? I realize this is probably much more complicated in reality, but I thought...

Greta Andrews Cash Value Life Insurance VS Self Directed IRA
2 October 2024 | 24 replies

Cash Value Life Insurance VS Self Directed IRA

I know the two aren't usually talked about in the same breathe.  Each would be compared to other products in the same wheelhouse.  And they would be introduced by very...

Ryan H. RMD's as Qualifying Income
4 May 2018 | 8 replies

Hello, I'm beginning to explore purchasing my first property with loan financing.  I do not have much employment income, but I do receive Required Minimum Distribution (RMD) income from an inherited IRA account (from ...

Mike Montanye LLC vs Sole Propietorship for rental business
10 March 2023 | 8 replies

How do I determine the best avenue for my real estate investing future? What is the best way to be structuring my business?We are shopping for our first turnkey property and have a complimentary consultation on Monday...

Kevin Lefeuvre Creating a LLC just for renting and managing my own property.
8 August 2019 | 16 replies

I have decided so far not to create a LLC for each property, instead using a good insurance. Also because getting loans is complicated in LLC and there are fees for each LLC (just $800 per year franchise tax in Califo...

Stephen Anthony Tenant - Legal Dependent Over 18 / Ward of State
17 February 2017 | 5 replies

I have approved for leasing of my single family home two joint applicants. They are both over 18 years old, one is a ward of the state with an appointed legal guardian - as described to me by the other applicant. The ...

Clayton Ballard Developing your LLC for rental properties
7 August 2014 | 10 replies

I'm hoping to close a deal on two rental properties before the years end in baltimore md. What's the best way to setup a LLC when you have more than one property? My plan is to buy 1-2 properties every 6mos. Do I do a...

Billy Abildgaard business structure in MA
1 January 2018 | 9 replies

for investors in Massachusetts with two or three properties how do you structure things? do you have an S corp for the taxes or something else? I know LLCs are expensive so wondering what others are doing.

Lari A. Newly formed LLC (Question regarding bank account)
20 December 2015 | 7 replies

Hello BP Community,I'm a new investor who has just formed an LLC (sole member).  I haven't been able to set up a bank account for the LLC yet, and my question is this: if I purchase and assign a property under the LLC...

Hyeseong Park When receiving payments after selling houses
1 February 2024 | 4 replies

Hello all, This is a newbie flipper who is about to sell my flipped house.I bought the property with a name of LLC and I have one question while selling it.I assume that I will receive payment for selling the house as...