Simon Lee
CA resident with out of state properties/entity options/alternatives to incumbents
Are there alternatives to Anderson and Royal Legal Services for the formation of a Statutory Trust (Wyoming or Delaware)? From forum posts on here, it seems like both have had client service issues recently. I don’t...
Terry Bourgeois
Transfering a 401k to a self directed IRA
Hey there !! I am looking to transfer my 401K to a self directed checkbook IRA to use for real estate investment. But, I am not sure if it should be a Roth IRA or a traditional IRA as both are offered to me. I am ...
Jason Powell
Ever Done Cost Segregation?
Has anyone ever done a cost segregation without the use of a firm that charges a lot for it? I have a buddy that's doing it himself and providing an excel sheet to a legitimate accountant. Any pros and cons to this?My...
Chris John
Partnership structure question
Hey allHere's my and my brother's problem. We "share" 11 rentals. 5 in my name and 6 in his. We know it's 50-50, but the IRS doesn't agree. We have been looking at strategies to get this taken care of without taki...
Chris Mackinlay
Creative Financing help
Greetings! I have spoken with a lender who says it is possible to use 401k money to fund a home purchase. Spoke to my 401k custodian and they weren't sure of the exact details of doing that. I'll need to look at all t...
Sandra Roddy
Asset Rich and Cash Poor LLC
Recently, I took over management of my elderly father's real estate portfolio (i.e. mainly single family homes). All of his properties are paid off, but most have deferred maintenance which I would like to address. ...
Paul Jovaisa
Foreigner investing in US
Hi. I’m a real estate investor from Norway, looking to set my foot in to US market. Anyone from international investors can share their experience? I have questions: How do i buy house without social number? I read th...
Danielle M.
Should I put 8 unit rental in LLC?
Hello,5 years experience with single families and a duplex BRRR strategy but never used a LLC. Looking at buying a 8 unit. Live in CA but have rentals in TN.Here are my questions:1. Should I put the 8 unit in a LLC? A...
Henry L.
Is this a good deal for a duplex in NJ?
I'm looking at a duplex property built in the 1940s that's about $200K in NJ, and thinking to put in 20% down. I even put in a lower ARV of $175K to see if the numbers would still work -- they did.Here are my numbers...
Austin S.
Sell rentals to invest in real estate secured notes?
I currently own 2 rental properties in a very good rental market and market with a very limited supply of homes on the market (seller's market). I have been wanting to get into the note investing space for about a yea...