Todd Magin
Transferring Equity Investment From Solo401K into Roth
How do I determine the value for tax purposes of an equity investment when transferring ownership from a Solo401K to a Roth account? If I invest $100K in an equity deal (syndicated or crowdfunded) using my Solo401K a...
Steve K.
Refi Duplex after 1 Year
I purchased a foreclosed Duplex more than a year ago for 120K. I occupy one portion as a Primary residence (55%), and other is rented out (45%). During purchase, I approached a handful of lenders for financing but eve...
Gordon F.
How can an investor bid on their own foreclosure property?
Let’s say the worst case scenario has happened, and now you’re at the auction for the property you had to foreclose on. How can an investor afford to open the bidding at the price of the UPB and costs? If you win, d...
Justin Chappelear
Business Tax Question--Can I write off my personal bathroom???
Alright all, we followed the advice of everyone on here and started an S-Corp back in 2017 for tax purposes when flipping homes. Additionally, we own a duplex in the company name but that is not the basis for my quest...
Jake Steven
CPA, banker, attorney, or RE agent. Who should we talk to first?
Hello,My wife and I have saved up about $70,000 for the explicit purpose of investing in some local real estate. We want to buy and hold, but that strategy can be adjusted should we find a more efficient means of inv...
Mark Sewell
SD IRA and buying subject to existing
OK so here is what I got.I have some shrapnel that I am moving over to a SD IRA here in Houston. I'll probably have to contribute a bit more, but that's fine. Didn't think to try doing a solo 401K but I doubt I woul...
Ben Cochran
What would you do with my 30k?
I'm not sure how to proceed with the funds I have available and hope to get some advice from all the great minds here on Biggerpockets.
I live in the Northern Colorado Fort Collins / Greeley area. I am looking for my...
Westin Hudnall
Is having investor paid insurance on a property a renter has insurance on double insuring ?
Why not just save the $1000 bucks when a renter had renter insurance by removing landlord purchased insurance ?
Troy Sheets
How to help a seller through probate?
My realtor is connecting me with a lady that lives in my neighborhood that wants to sell her house. The seller inherited it from her mother but the house hasn't been through probate yet. She doesn't have the resources...
Jackie Galayda
tenant screening
I have a family of 7, 5 adults and 2 children that wish to rent our rental home. I need to run a credit and background check on all of the adults. Does your company charge per person or do you have package deal that ...