Matt Maluchnik
Bill Bronchick's Self Directed IRA from checking act??
I was at an event where the speaker (Bill Bronchick) mentions he uses his Self-Directed IRA to invest in properties; however, I can't recall the term... But he basically said he runs it out of his own check book. Alm...
Anthony Tran
Tax advantage of hiring my young adult daughter to do property management
Hello all,I have a property management company (LLC). I want my daughter to learn real estate. What is the best way to pay her?An employee and give her a W2? Hire her as a contractor and give her a 1099? or lease he...
Chase London
Buying Chicago property with FHA loan, need advice
I'm trying to get any info or tips or even advice on what i should do. Looking for a 3-4unit using FHA Loan but switched income source back in April so previous returns reflect old income source and currently income i...
Syed Hussain
Would you lease to a foreigner relocating to the US for work?
A couple from the Caribbean is moving to Washington DC for work and is interested in our rental property. Husband works for a multinational healthcare solutions company and provided an Employment letter (employed sinc...
Scott Schaeffer
Getting started - Form a Inc vs LLC ?
We are based in Mississippi and was wondering if anyone had any thoughts or ideas regarding how best to form our business entity - Inc. or LLC ? THANKS & have a great week! Scott
Brad Wallace
SDIRA, Solo 401k from 401k with current employer
I'm a newbie, looking to invest in real estate, I wanted to move a portion of my 401k with my current employer to a SDIRA, Solo 401k, Roth IRA, Someone replied to a earier discussion that it's notpermitted ?? is this...
Shawn Root
Qualifying Self-Employment Income for Solo 401k
So, what income qualifies you to be able to form a solo 401k? They sound so much better than a self directed IRA, that I'd like to go this route if possible. If I had a rental property outside of the retirement acco...
Stone Teran
Employee property manager - own phone or company phone
I self-managed my apts for years but it's time to hire a property manager (as a w2 employee). My last short-term property manager used her personal cell phone but she didn't pay her bill and then left the company and ...
Paul Sandhu
STRs and large facility construction
Tyson Foods is looking for a location to build a 1500 acre 320 million dollar facility. My town is in the running to be chosen as the location. We have the land, and a vacant Amazon.com distribution center. I have 2...
Guevara M.
How To Verify Income
I have a 1 bedroom, 1 bath condo that I have listed for rent. Have a single male who is moving into town for a new job as an professor at a local community college but won't be receiving his first check till the follo...