Edward Ng
Solo 401K and SDIRA
Hi,Has anyone set up a Solo 401K under a S corp? I already have a S corp. Would like some advice.My objective is to roll traditional IRA (contributions unrelated to the S corp and held at Chase currently) over to the ...
Shanna Beyah
A blessing to build my families portfolio
How would you structure this portfolio?Here is the scenario. I have the deeds to 4 single family properties that are unoccupied, all owned by relatives who wish to pool them together to be developed for rental propert...
Dan N.
Personal tax benefits if property is under LLC?
HiI hear everyone talk about tax benefits and deductions (mortgage, depreciation etc) from owning real estate.However, what´s not clear to me is how can I apply these benefits and deductions to me personally if I plan...
Deb L.
Are these property management fees standard? Central FL
I'll be renting out a condo soon; the prior tenant was a relative, great tenant for many years. I self-managed, no extra fees, etc.I've recently hired a property manager. Here are their fees to the tenant--$150 admini...
Amir J Reichental
Which address to use when buying a property under LLC?
I'm buying a property under my LLC and the title company asks which address I would like for the deed and municipal documents.Should I provide them with my home address or my LLC address? Not sure what are the implica...
Eric Johnson
Weird Wholesale Question
I just received a weird request from one of my sellers. My seller is currently receiving Medicare. I just received a call from one of my buyers who's willing to buy the house. However, my seller asked if the purcha...
Tyler Neison
$80-$100k to spend with these goals, what should I do?
Here is my current situation. Currently live in and own a SFH w/ 2.5% rate. Building a new house that will be done around Nov '23 - Jan'24 and will be my new primary home. Expecting $80k-$100K income tax bill on my ac...
John Perez
(OPINION) Real Estate Partnership Pros and Cons
Hello,I am a current homeowner but my brother and I also inherited a second property from our father who recently passed. We also have kids and as they get older I wonder if it would be more feasible and fair to divid...
Nikunj Chauhan
Joint venture vs LLC to avoid transfer taxes?
A relative of mine in the DC area is moving to bigger home, but the condo he currently owns (with a 30 year conventional mortgage) is in a gentrifying area that has a lot of upside. He doesn't have the capital to put ...
Imran Ahmed
FHA loan against a business corp?
Hi homeowners,
Can I have a FHA loan against a s corp i formed couples years ago? If not can I transfer later somehow? It is not in real estate related engagement , I had it mentioned as online software related busin...