Chris Coleman
Are these Fees Tax Deductible?
I own several RE Rentals deeded in a Revocable Living Trust (my wife and I as Trustees). I also own several Notes and other investment assets in a Holding Company LLC.I also own an Operating/Service Company (which is...
Zehua Zhou
How to handle the tax forms from the property manager and the bank?
I just set up my solo 401k under uDirectIRA, and the LLC that will be 100% owned by the 401k, and ready to buy real estate using the LLC.
My question is regarding taxation. Should I give my LLC's EIN number or my 40...
Malik Welch
Doing multiple rehabs with revolving debt
Hey BP I have a scenario question for any rehabbers or Accountants.If I have a private lender lend me 100,000 for a year at 12% APR for me to use the money as many times as I'd like through out the 12 month period do...
Justin Walters
Creating Self Directed IRA for existing LLC
I think I know most of the answers to the proposed question and do know that it will require the proper steps through a real estate attorney and/or CPA. For my own edification, I wanted to propose the following.Curre...
Andy M.
My SD IRA custodian just stole my money! **need advice**
Backstory: My SD IRA custodian (American Pension Services) went into receivership earlier this year. They have been sorting through the whole mess and apparently the owner made some bad choices and 25 million is missi...
Robert Reineri
SoloK Distributions and Witholding.
I was recently told that for a solo 401K distribution , it was required that you sent 20% withholding to the IRS by the 15th of the following month . I am over 59 and a half .This seems odd to me since in a regula...
Account Closed
Investing Questions about Mount Pleasant, WI
Does anyone have any information or resources that can help shed some light on Mount Pleasant, WI. I've run into a number of clients who are starting to look at residential development and smaller fix and flips in tha...
Thomas Kramer
Alabama Tax Sale Certificate and Ejectment
Let's say you purchased a certificate from the 2019 tax sale and the administrative redemption period expires in 2022. The property is vacant, not abandoned, and the notice to surrender possession was mailed and rece...
Matt R.
Buy and hold in perpetuity vs exit plan
I am curious for those buy and hold investors.
Does anyone buy and hold for in perpetuity? Perhaps in family trusts etc..
Thanks,
Matt
David Chance
Self Directed IRA - checkbook control or not?
Looking to see what type of SDIrA others who invest in notes are using --> checkbook or custodian. I don't like all of the custodian fees, but I think it is safer (with regards to the IRS) than the checkbook.I'm ...