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Is it possible to lend out of my self directed IRA through a NOTE to someone starting a business. There would be no real estate involved.
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I am just looking for some clarification on a few things. I live in Colorado and have several LLCs formed in Wyoming for other businesses I have; it's very simple, safe, and cost effective to use LLCs and registered a...
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Hi, for a newbie who just starting out, no job, no house, no asset, not much cash in pocket... I would like to know how the other guys who started out in this kinda situation make it?
Any experience to share? :cry:
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How risky is using balance transfer checks from business credit card as a source of funding to invest in cash flowing apartment complexes? If I was to do this, should I already have property lined up ready to invest i...
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I am looking at a 4-unit Sacramento, CA that a partner and I want to buy - it needs rehab and will only sell for cash. Our plan is to purchase for cash, rehab and refinance out into a 30 year mortgage and hold it as ...
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My husband and I were thinking of taking some money out of our ROTH IRA for the REI business. The amount we'd withdraw would be around 20% of our overall retirement funds. We are in our 40s, if that matters.Aside from...
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Does anyone have professional guidance regarding how taxes work regarding private lenders or hard money lenders? I was on both sides of this question last year and have not yet filed my taxes.Two scenarios to conside...
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Here is something I've learned over the years that I wish I had realized when I was starting out--that real estate is not so much an investment as it is a business. Once I realized this, I learned the following thing...
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I work for a local handyman doing his bookkeeping etc. we are now working with a client that is turning their home into an air bnb. his company is making ground changes, building camping areas, making beautiful landsc...
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Hey guys
I have business here in California that I have most of my money over there sitting in the bank account (this business not related to real estate investment)
It’s my work and day day job I opened LLC in te...