Can an SD 401K be used to establish an LLC with another non-disqualified individual? LLC would be funded say 40/60 for example purposes, between 401K trust and non-disqualified individual. Apportioned income, gain...
I'm purchasing a property and allowing a charitable organization to use part of the property as a food bank and distribution facility. I would also like my company (American West Realty) to sponsor the organization. I...
Hello,
I've created two LLCs based on the direction from my accountant. One is filed as an s-corp, the other is not. The s-corp LLC has a contractor's license and insurance, I intend to use it for flipping and possib...
Hi,
My husband and I have some savings we would like to invest into rental properties. I am just getting started and have done some research. If we can get the property/properties for under 200k, we would have enough...
I have a business that I recently started doing work in Delaware. I have professional education in construction and have done rehabbing for 2 decades. Recently as a working foremen for company that are flipping over ...
If you are wanting to sell your real estate property, but are worried about paying taxes on the capital gains, a great strategy to consider is a 721 Exchange. Section 721 of the Internal Revenue code allows an investo...
Hey BP'ers! So I am trying to get a HELOC on my home right now to use for investing purposes. I was turned down due to my income not being high enough on my w2s. I currently own my own business and have lots of wri...
My company is the acquisitions and asset manager for a large public REIT who has just entered the single-family rental space this year. We have secured funding to buy 300-400 SFR homes in each market over the next 18 ...
I've been browsing the web and I don't believe I can write off any of my premium for life insurance but wanted to make sure I'm not missing anything.I am currently looking at purchasing my first property as a "buy and...
My partner & I have a property titled under LLC. We will be selling it & doing 1031 exchange to buy a new property that is higher price than the property we are going to relinquish. It will be a "like-kiind" e...