Janice McBride
Real Estate IRA problem with rental property
This is a Real Estate IRA issue. I have a rental property in Florida that has become unlivable due to poor property management by a local firm. There is not enough cash in the IRA to complete needed repairs which ar...
Harish Gowda
Rollover IRA 60 day rule
Good afternoon,i am wondering if anyone could share their experience about transferring funds of a rollover IRA from one custodian to another; wherein funds via check. I plan to utilize the funds and deposit it to t...
TJ P.
Multiple 401Ks to self-directed or other options
Looking to fund a purchase/s by possibly utilizing funds in 401K and 457. These are from previous employers where I never got around (might be a good thing?) to rolling them into a single account.I will not be able to...
Desta Sillerud
Self directed IRA and solo 401k recommendations
Hi! Does anyone have recommendations of who in the area can help with self directed IRA and solo 401k's. Looking to possibly transfer from my traditional 401k after leaving my W2 job. I've spoke with my accountant and...
Nghi Le
S-Corp vs C-Corp
I've been talking to several investors, attorneys, and CPAs over the past 6 months about this, including Mark Kohler and Anderson Advisors (Clint Coons' company). I have yet to choose who I want to go with as my atto...
Account Closed
Two LLC's, Two Bank Accounts?
Hi all,Currently I have one LLC and a business bank account associated with it.If I create another business, does it make the most sense to create a separate business bank account for it?Thanks,Ben
Maxym Le Deux
Joint tenants (Unity of Time) question
Hello everyone. My wife and I would like to purchase property from our landlord and become Joint tenants (me, wife, landlord). I'm looking to understand the "Time" aspect in Joint tenant qualification. We all live in ...
Anthony Wick
Hey CPA person, can I sell my duplex to my LLC?
I own a duplex in my name only. I also own other properties in my LLC, which is comprised of two other unrelated partners. Can I quit claim deed my duplex over to my LLC, and have my partners pay me directly for 2/3 v...
Katie Shults
Criminal Records for possible tenants
We have recently put our rental house back on the market and are currently screening tenants to move in. I have a tenant interested in my property and meets all requirements but he does have a criminal background. It ...
Bryan Scott
Joint Ownership - One Owner Due More Income Than Other
Hi All,My brother and I recently inherited a 4-family rental unit, 50/50. He lives closer and will be more hands on with the property, so a 50/50 split of profit isn't equitable. I would like to arrange for a fixed ma...