I'm considering purchasing a home for my mother to live in, since she is currently renting and unable to purchase a home for herself. I will charge her fair market rent, but I want to make sure that I am able to claim...
A good friend told me of a property belonging to the family of his kid's friend. Father passed away a 6 months ago. I'm told by my friend: $70,000 back taxes due. I checked two most recent installments paid. Wife...
I'm interested in buying my first investment property. I am working with a Turnkey provider in an out of state market. My projections show this single family home will cashflow a little over 100 dollars per month aft...
I'm in need of professional brainstorming. I'm trying to anticipate anything going wrong with this 'sale of house' scenario: I was named the executor of my Mom's trust, specifically because my Mom said she didn't trus...
Hi,I know this topic has been discussed several times but I was having hard time to come the conclusion about the right SDIRA Custodian selection. I am in process of rolling over my and my wife's 401K with our previo...
Is BRRRR investing one of the prohibited transactions in a self directed 401k?
I bought a duplex in 2014, no rent control. 2019 Rent control imposed. Covid. Tenant didn't pay for more than 2 years before I was lucky to get an eviction. Now I have to register every year with the "housing protecti...
Does anyone have any experience with self-directed IRA and the process to move money and properties out of them?
Hi everyone,
My name is Mark and I need some direction. I am a self employed commercial fisherman who makes 150 to 200k a year. I am totally fine with this income at the moment but the only problem is when the tax m...
BP member for years, got off for a while due to kids and being busy. RE has recently taken off and went from flipping 5 houses over 5 years to now having 2 rentals, 1 new construction home, 9 flips, 36 acres under con...